Saturday, July 31, 2004

BBC NEWS | Business | World trade deal 'within reach'

Although ...

it became clear there were still major problems with the text.

Several countries raised objections to the section covering agriculture - the issue which many have seen as the key to this framework deal.

The problems centre on subsidies and tariffs and - as the hours passed - smaller groups met to try to iron out their differences.


How close does that sound?

Negotiations also focused on plans to open up markets to industrial goods. Here the text dates from the failed meeting last year in Cancun.

Yes, but the real question is what about the opening up financial markets to s/the global casino/much needed foreign investment/g ?

Update : Seems like an agreement has been reached. No details yet.

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