G20 Brazil meet to show support for Doha Round
Afp, Brasilia
The G20 group of developing countries opposed to agricultural subsidies is to hold a September meeting to strategize on unblocking failed global free trade talks, Brazilian Foreign Minister Celso Amorim said Wednesday. Amorim made the announcement while speaking to a senate committee. Brazil is organizing "a high level" meeting with trade ministers and their representatives for September 9 and 10 in Rio de Janeiro, diplomatic sources said. Brazil believes that the Doha Round of trade talks can still be salvaged. The Doha Round was supposed to dismantle worldwide barriers in agricultural and industrial trade and use commerce to give developing countries a boost. World Trade Organization chief Pascal Lamy suspended the round last week when wealthy nations failed to compromise on tariffs and subsidies, especially in agriculture, at last ditch talks in Geneva. The G20 is currently headed by Brazil, and also includes Argentina, Bolivia, Chile, China, Cuba, Egypt, the Philippines, Guatemala, India, Indonesia, Mexico, Nigeria, Pakistan, Paraguay, South Africa, Thailand, Tanzania, Uruguay, Venezuela and Zimbabwe.
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