July 31, 2004

WHAT ARE THE STEEL BUGS SUPPOSED TO WHINE ABOUT?:

Brazilian Minister Says Trade Talks Set for Success (Reuters, 7/31/04)

Talks to get stalled global trade talks back on track are likely to end successfully, Brazilian Foreign Minister Celso Amorim said Saturday.

"I think that the momentum is such that it is difficult not to conclude (successfully)," he told reporters at the World Trade Organization's headquarters in Geneva.

Key WTO members struck deals earlier Saturday on a package of farm trade proposals including the eventual elimination of farm export subsidies, and an accord on wording for an agreement covering industrial goods trade.

"This is the beginning of the end for (farm) subsidies. Export subsidies will be eliminated first," Amorim said.

Posted by Orrin Judd at July 31, 2004 12:06 PM
Comments

"This is the beginning of the end for (farm) subsidies."

I'd better put my affairs in order, because there's no way I could live to see the day. And I'd better keep my mouth shut when I'm visiting the family back on the farm.

Posted by: Bob Hawkins at July 31, 2004 3:47 PM

Well, I'll whine because steel prices are sky high and going higher.

Posted by: David Cohen at July 31, 2004 4:53 PM

They were lower with the tariffs on.

Posted by: oj at July 31, 2004 5:38 PM

Absolutely, but that's what I'm going to whine about now.

Posted by: David Cohen at July 31, 2004 9:14 PM
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