French minister doubtful of relaunch of WTO talks

5th August 2008, Comments 0 comments

Trade Minister Anne-Marie Idrac says it is unlikely negotiations on a new world trade talks would resume in the near future.

5 August 2008

PARIS - French Trade Minister Anne-Marie Idrac poured cold water on suggestions that negotiations on a new global trade pact, which collapsed last week, could resume quickly, in an interview to appear Tuesday.

"There could be new technical meetings in the autumn, but it seems implausible to me that they can relaunch the process," she told La Croix newspaper, according to a transcript released Monday.

"It is difficult to imagine a rapid restart of the negotiations. Global ambition is missing. One should expect a longer, more fragmented process."

Brazilian President Luiz Inacio Lula da Silva has insisted that world trade talks have not failed and can still be revived and he embarked Monday on efforts to bring the United States, India and China back to the table.

World Trade Organisation negotiators gave up a search for a deal on a new global trade pact last week after nine days of fraught discussions in Geneva.

The so-called "Doha round" of talks, named after Qatari capital where they began, began in 2001 and are still without resolution.

[AFP / Expatica]

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