EU Still Committed To Global Trade Deal-EU Trade Commissioner
Published: 24 Oct 2008 02:18:20 PSTBRUSSELS -- The European Union is still committed to reaching a deal on a global trade negotiation, newly appointed European Trade Commissioner Catherine Ashton said Thursday.
"Doha is still very much alive. If this deal is to be concluded soon we all need to tackle the outstanding issues with urgency and determination," Ashton said in a statement after meeting top official from the World Trade Organization in Geneva. "Europe will continue to play a central role in pushing these talks forward," she added.
Talks over a global trade deal, known as the Doha round, broke down in July over disagreements, mainly between the U.S. and India, over provisions that would allow developing countries to boost tariffs if their domestic producers were threatened by a surge in imports.
-By Alessandro Torello, Dow Jones Newswires; +32 2 741 14 88; alessandro.torello@dowjones.com
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