Wednesday, July 4, 2007

APEC Trade Ministers Meet in Australia to Forestall Collapse of Doha Round

(Bloomberg) -- Commerce ministers from the Asia-Pacific
warned that talks in Geneva to boost worldwide trade and reduce
poverty could be doomed.

U.S. Trade Representative Susan Schwab said an agreement in
the so-called Doha round of talks that didn't promise substantially
increased trade -- a ``low-ambition'' deal -- would likely be
rejected by the U.S. Congress and most other countries in the 150-
member World Trade Organization.


Read more at Bloomberg Emerging Markets News

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