Friday, December 16, 2005
Maybe some real news...
http://online.wsj.com/article_print/SB113472191544724547.html
WTO Pact Reached on PlanTo Help Poor Countries
Associated PressDecember 16, 2005 3:36 p.m.
HONG KONG – Negotiators at a World Trade Organization meeting reached an agreement on a draft text Friday that would grant duty-free and quota-free access to imports from so-called least developing countries, Indian and Indonesian officials said.
In talks that began late Thursday and spilled over to Friday morning, key negotiators were able to agree on a text that addressed both the demands of the poor countries and also the concerns raised by the U.S. and Japan, an Indian official said, requesting anonymity because an official announcement was due later.
According to the draft, rich countries as well as leading developing countries like Brazil, India and China would provide duty-free access on "a lasting basis," he said.
WTO Pact Reached on PlanTo Help Poor Countries
Associated PressDecember 16, 2005 3:36 p.m.
HONG KONG – Negotiators at a World Trade Organization meeting reached an agreement on a draft text Friday that would grant duty-free and quota-free access to imports from so-called least developing countries, Indian and Indonesian officials said.
In talks that began late Thursday and spilled over to Friday morning, key negotiators were able to agree on a text that addressed both the demands of the poor countries and also the concerns raised by the U.S. and Japan, an Indian official said, requesting anonymity because an official announcement was due later.
According to the draft, rich countries as well as leading developing countries like Brazil, India and China would provide duty-free access on "a lasting basis," he said.
