World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 

US-EU Summit: No light at end of WTO tunnel

US-EU Summit: difficult to see any light at end of WTO tunnel

Today’s EU-US Summit in Vienna will struggle to breathe new life into degenerating world trade talks, only a week before crucial negotiations start, says international agency Oxfam.

Oxfam is very pessimistic about this WTO round being successfully resolved because the EU and the US are sticking to their protectionist positions on agriculture while asking poor countries to open their services and manufacturing markets.

“The danger is that both the EU and the US want to maintain their unfair agriculture models and seem willing to sacrifice the potential of this round to lift millions of people out of poverty,” said Oxfam spokesperson Louis Belanger.

“These talks are floundering because neither the EU nor the US will blink first. For months now, the EU and the US have stuck to their inflexible positions and have put the trade round in jeopardy. No one else has the power to conclude this round successfully.”

“Chancellor Schüssel, Commission President Barroso and US President Bush can talk about the need for a trade deal but we’re nearly out of time. The political imperative to deliver a good deal for poor countries has been missing until now. Continued brinkmanship must not be an option here,” Belanger said.

© Scoop Media

 
 
 
World Headlines

 

Rohingya Muslims Massacred: Restrictions On Aid Put 1000s At Risk

Amnesty: The Myanmar authorities’ restrictions on international aid in Rakhine state is putting tens of thousands of lives at risk in a region where mainly Rohingya people are already suffering horrific abuses from a disproportionate military campaign. More>>

ALSO:

Werewolf: Gordon Campbell On North Korea, Neo-Nazism, And Milo

With a bit of luck the planet won’t be devastated by nuclear war in the next few days. US President Donald Trump will have begun to fixate on some other way to gratify his self-esteem – maybe by invading Venezuela or starting a war with Iran. More>>

ALSO:

Victory Declared: New Stabilisation Funding From NZ As Mosul Is Retaken

New Zealand has congratulated the Iraqi government on the successful liberation of Mosul from ISIS after a long and hard-fought campaign. More>>

Gordon Campbell: On The Current US Moves Against North Korea

If Martians visited early last week, they’d probably be scratching their heads as to why North Korea was being treated as a potential trigger for global conflict... More>>

ALSO:

Gordon Campbell: On The Lessons From Corbyn’s Campaign

Leaving partisan politics aside – and ignoring Jeremy Corbyn’s sensational election campaign for a moment – it has to be said that Britain is now really up shit creek... More>>

ALSO:

 
 
 
 
 
 
  • Pacific.Scoop
  • Cafe Pacific
  • PMC