WTO Talks CollapseTuesday, July 29, 2008
(American Meat Institute)
Trade officials reported today that World Trade Organization (WTO) Doha Development Round talks, now in their ninth day, have collapsed because of India’s unwillingness to compromise.
“This news is very disappointing, given the great potential of these negotiations to provide additional market access for American meat and poultry exports and, importantly, to improve world economic well-being,” said AMI President and CEO J. Patrick Boyle. “Ambassador Schwab and U.S. negotiators provided outstanding leadership in moving the talks forward and it looked like significant progress was being made in addressing developing and developed countries’ concerns. To the extent that WTO negotiations occur in the future, AMI will remain committed to achieving the market access objectives of the Doha Round and will work with our negotiators to pursue its successful conclusion.”
The Doha Development Round is the current trade-negotiation round of the WTO, which commenced in November 2001.
In 1994, when the Uruguay Round was signed into law, meat and poultry exports were at $4.8 billion. Last year, a year in which a small recovery was made for U.S. beef exports, meat and poultry exports totaled $8.1 billion.share on facebook share on twitter