Do More With Reuters
Partner Services

Trade powers eye new WTO push around Easter

Sat Jan 26, 2008 10:49pm IST
 
Email | Print | | Single Page
[-] Text [+]

By Sam Cage and Jonathan Lynn

DAVOS, Switzerland (Reuters) - Rich and poor countries aim to meet around Easter to try to seal a long- elusive global trade deal before U.S. President George W. Bush leaves office, ministers said on Saturday.

A trade deal would inject much-needed confidence into a troubled world economy, and help ward off protectionist trends, ministers said.

"We have a window of necessity which is also a window of opportunity," Brazil's Foreign Minister Celso Amorim said.

Ministers representing the United States, the European Union, emerging market leaders Brazil and India, and a dozen other trading countries met World Trade Organisation chief Pascal Lamy in the Swiss mountain resort of Davos on Saturday to discuss the chances of getting a breakthrough in the Doha round.

"We've agreed that, if the round is going to be done successfully, it needs to be done this year. It needs to be done on President Bush's watch," EU Trade Commissioner Peter Mandelson told reporters.

"But if we're going to do a deal in that timescale, then that points to a necessary breakthrough, which only ministers can do, at Easter or thereabouts," he said.

Easter falls this year towards the end of March.

Swiss Economy Minister Doris Leuthard, who hosted Saturday's lunch for ministers, said the idea of a meeting around Easter was proposed by Lamy and supported by all those attending.  Continued...

A man walks with the Indian national flag in front of the Taj Mahal hotel, one of the sites of last year's militant attacks, in Mumbai November 26, 2009. Thursday marks the first year anniversary of the Mumbai attacks. REUTERS/Punit Paranjpe
One Year Later

Mumbai's police paraded past some of the city's landmarks in a show of strength as the city marked the first anniversary of militant raids that killed 166 people  Slideshow | Full Coverage 

A supporter of Bharatiya Janata Party (BJP) holds a picture of BJP leader Lal Krishna Advani during an election campaign rally in Balasinor, about 90 km (56 miles) east of Ahmedabad, April 14, 2009. REUTERS/Amit Dave
Liberhan Commission Report

The government published a long awaited report, recently leaked, accusing BJP leaders of a role in the 1992 destruction of the Babri mosque in Ayodhya.  Full Article 

Photo

Thierry Henry's handball scandal

Barcelona's Thierry Henry takes part in a training session at Nou Camp Stadium in Barcelona, November 23, 2009. Barcelona and Inter Milan will play their soccer Champions League match on Tuesday. REUTERS/Albert Gea
FIFA to hold meeting

FIFA to hold an extraordinary meeting before World Cup draw to discuss Thierry Henry's handball in the qualifiers and discovery of match-fixing ring by German police.  Full Article