It emerged last week that German Minister of Economics and Technology, Michael Glos and EU Trade Commissioner, Peter Mandelson met for a bilateral discussion in Berlin on the sidelines of the joint session of the German Cabinet and the European Commission.
Their exchange focused on the continuation of the World Trade Organisation's ongoing Doha round of negotiations, which Glos stated is a priority for the German EU Presidency.
In his meeting with Mandelson, Glos emphasized that:
"In removing trade barriers, the multilateral trading system has priority for me. The German EU Presidency is prepared to work actively toward the continuation of negotiations and also to seek dialogue with other important WTO partners."
According to the German Economics Minister, it is now necessary for all WTO negotiating partners to show political leadership and the willingness to compromise.
He observed that:
"I see positive signals from President Bush for a willingness of the United States to work toward a conclusion of negotiations and hope that this will soon be bolstered by concrete proposals. I assured Commissioner Mandelson as the EU's negotiating leader of my full support."
"We have to use the window of time available in weeks ahead and together with other important negotiating partners such as the United States, India, and Brazil lay the foundations for a successful and expeditious conclusion of the Doha Round."
The global trade talks collapsed acrimoniously last July.
.
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment