Farmers Urge For Relaunch of the Global Trade Talks

The Australian conference of important groups ofIn an interview on the Australian media, Howard said
agricultural exporting nations will push for the revivalthat nothing is dead when it comes to the sector of
of the faltered global trade talks, despite the ideanegotiations and global trade. He added that there will
that the European Union (EU) has declined the saidpossibly be a change on the trade despite the truth
trade deal. The Cairns Group is an organization ofthat larger countries have been ignoring their offers
nations from Asia, South America, and South Pacific.and suggestions for the trade deals.
The said group embraces almost one-fourth of theThe director-general of the World Trade Organization
farmed goods in the global trade.(WTO), Pascal Lamy, accused the selfish motives of
Cairns is a strong supporter and advocate of theother countries for the abeyance of the conference
visions and missions of the World Trade Organizationseries on global trade. He also gave warnings that the
and its Doha round of talks. The scheme created byfailure of the conferences would paralyze the open
the said group, which is to be backed up by themarket system of the WTO, and would hinder poor
exporting nations, will increase the burden for the EU,countries from developing.
United States, and other developing nations to solveLamy also fears that the downfall of the global trade
the dilemma on the safety of the agricultural marketrounds will make multi-country trade deals be
that has almost bestirred the recent global tradereplaced by bilateral trade deals. This scenario, he
round.added, will jeopardize all the policies that were agreed
With regard to the said plan, the US should agree onupon by all member nations of the WTO.
cutting its farm subsidies by $5bn while the EU mustThe beauty behind having free trade in the open
assent to increase its offer on reducing farm tariffsmarket is that it will not touch the complicated
by five percent. It must be noted that thesystem concerns of the global trade like the
misunderstanding over the reduction of farmagricultural protection and clash settlement. Lamy also
subsidies among Japan, US, EU, and otherstated that bilateral free trade deals can help support
fast-growing countries was the prime reason whymultilateral concerns, though it can never be a
the round of talks for global trade collapsed.replacement for the multi-country free trade deals.
Mark Vaile, Australia's Minister for Trade, said that theProponents of the Cairns Group said that the global
plan is simply a bargain proposal. On the contrary, thetrade rounds must be restarted as soon as possible
EU Commissioner for Trade, Peter Mandelson, hasbefore the momentum gets lost, and the changes in
refused to accept the proposition, and considering itthe trade that can help alleviate poverty sets back
as not highly feasible. Meanwhile, John Howard, thefor ages. Vaile seconded that the said plan of the
prime minister of Australia said that the organization'sCairns group is possibly the last-ditch effort of
proposal for the global trade should push through. Henations in reviving the postponed global trade
also added that their group is already acquainted toconferences.
European's rejection of new offers.