Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
China to push for Doha conclusion by 2008
Adjust font size:

China will work with all other countries to push for a successful conclusion of the Doha Round multilateral trade talks by 2008 as this will bring greater openness and predictability to global trade, a Chinese trade official said Tuesday.

"It will also curb trade protectionism and help usher in greater stability to economic growth in the world," said Yi Xiaozhun, vice commerce minister and head of the Chinese delegation to the 12th UN Conference on Trade and Development ( UNCTAD).

Yi said the Doha Round, launched in Qatar's capital Doha in 2001 but stalled in 2006 over a divide between developed countries and developing countries about reducing farming subsidies and lowering import taxes, should be a development round and that the final package it produces should achieve a more effective participation of developing countries in the multilateral trading system as well as more tangible benefits to them.

Trade diplomats have been conducting intensive talks over the past nine months, hoping to wrap up the talks this year.

WTO Director-General Pascal Lamy said during the UNCTAD that the parties to the Doha trade talks have moved closer than ever to a deal.

"Intensive technical work in negotiating on agriculture and industrial goods trade has yielded progress which could hopefully pave the way to the establishment of modalities around late May," Lamy said Monday at the high-level segment of the 12th session of the UNCTAD.

(Xinhua News Agency April 23, 2008)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- G77+China ministerial meeting highlights Doha Round talk
- Meeting highlights Doha Round talk
- China to continue playing constructive role in Doha Round
Most Viewed >>
- Comfort food starting to come at heavy price
- Auto China 2008 staged in Beijing
- Chinese investors eye Chicago Spire
- Index surges at midday after stamp duty cut
- Yangtze River Delta eyes financial integration
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?