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Few poorer countries face tariff cuts in WTO talks

Fri Jul 18, 2008 9:07pm IST
 
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REUTERS - The world's poorest countries are exempt from potentially painful tariff cuts under a global trade treaty that ministers are seeking to cement next week.

Only a few dozen developing powers will have to apply tariff cuts in proposals to be discussed at the high-level World Trade Organisation (WTO) talks which begin on Monday in Geneva.

These are: Argentina, Bahrain, Brazil, Chile, China, Colombia, Costa Rica, Croatia, Egypt, Hong Kong, India, Indonesia, Israel, Kuwait, Malaysia, Mexico, Morocco, Oman, Pakistan, Peru, Philippines, Qatar, Singapore, South Africa, South Korea, Taiwan, Thailand, Tunisia, Turkey, United Arab Emirates and Venezuela.

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