Trade Alert - Potsdam G-4 Session Collapse

Recent published reports suggest the Doha Round talks of the World Trade Organization have collapsed due to a lack of convergence among major negotiating nations. The primary issues contributing to the collapse appear to be related to access to foreign markets for agriculture and manufactured goods. U.S. Trade Ambassador Susan Schwab and Secretary of Agriculture Mike Johanns have indicated they will be attempting to revive the stalled talks, so while the talks appear almost completely stalled, the Washington sugar representatives will continue to monitor any developments over the coming weeks.

 

Washington Trade Daily 

The US Trade Representative's office late this morning confirmed that the latest round of Group-of-Four negotiations in the Doha Development Agenda has collapsed - with the walk out of Brazil and India, who said neither the United States nor the European Union had anything significant to put on the table.

"The United States is deeply disappointed with the outcome of this week's negotiations," said USTR Susan Schwab. "We came this week with the commitment to make significant progress towards a successful Round. Unfortunately, this week's negotiations could not generate political consensus to meaningfully open markets to new trade - particularly in manufactured goods."

"The US has worked tirelessly to build an international consensus to launch the Round, we sustained it at critical junctures, and recently showed even more flexibility to achieve success. Regrettably, some key members continue to be unwilling to show the same flexibility and not even minimal additional market access was put on the table."

"Consistent with Congress' grant of Trade Promotion Authority to this Administration, we have consistently pushed for economically strong trade agreements for the United States - and we will continue to do so. The United States remains deeply committed to providing leadership to help advance the World Trade Organization and the rules-based multilateral trading system from which we benefit greatly. We look forward to speaking with Director - General Pascal Lamy and other WTO members about next steps."