您现在的位置: > Language Tips > Audio & Video > Special Speed News  
 





 
World trade talks break down
[ 2007-06-29 10:40 ]

This is the VOA Special English Economics Report.

Talks meant to end disagreement over international trade failed to produce results in Potsdam, Germany last week. The European Union and the United States sought to find common ground with Brazil and India on several trade issues. The group has become known as the G-Four in World Trade Organization negotiations. But neither side could agree and talks ended last Friday, two days earlier than expected.

Brazil and India have been seeking big cuts in aid provided to farmers in industrial countries. The two nations have played the part of spokesmen for many of the least developed nations in the 150-member W.T.O.

During the talks, the United States offered to limit farm aid, or subsidies, to seventeen billion dollars a year. That is down from twenty-two billion dollars offered in October of two thousand five. But Brazil wants the United States to promise a bigger reduction in farm aid to below fifteen billion dollars. Currently, American farmers receive a total of about eleven billion dollars a year in subsidies.

Indian Trade Minister Kamal Nath blamed the United States' position on farm aid for the failure of the talks. But India wants to protect twenty percent of its farm product import taxes from all or most cuts. United States Agriculture Secretary Mike Johanns said that would leave almost all of India's import taxes in place.

An official at the talks said the EU offered to cut import taxes on its most protected farm products by seventy percent. That is ten percentage points higher than its proposal from October, two thousand five. Products considered especially important would only receive subsidy cuts of twenty-three percent.

The Doha round of WTO negotiations started in November of two thousand one. A main goal was for rich countries to reduce their farm subsidies on important crops like cotton, sugar and corn. In return, developing countries would reduce or end barriers to trade in goods and services from industrial countries.

Now, negotiations of the Doha Round will have to continue in Geneva, Switzerland. United States Trade Representative Susan Schwab said nations want to reach agreement on the Doha development plan. But she admitted that negotiations only among the G-Four nations may not be enough.

And that's the VOA Special English Economics Report. I'm Mario Ritter.

点击进入更多VOA慢速

(来源:VOA  英语点津姗姗编辑)

 
 
相关文章 Related Stories
 
Which is America's oldest university?
         
 
 
 
 
 
         

 

 

 
 

48小时内最热门

     

本频道最新推荐

     
  New British leader shapes first post-Blair cabinet
  England goes smoke-free in public buildings July 1
  《追梦女郎》(精讲之五)
  School ends, and so does our foreign student series
  Brown takes over as Britain's PM

论坛热贴

     
  Why Do I Get Jealous?(e-c)practice
  Gordon Brown quiz(e-c)practice
  好难的一个词:人情往来
  试译 SLOW DANCE
  "忽悠"怎么翻译比较合适?
  “待定”怎么说?