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Wed, Jul 13, 2005 - Page 12 News List

WTO chief warns of global trade crisis

PROGRESS NEEDED World Trade Organization chief Supachai Panitchpakdi said yesterday in China that it is crucial for free trade to be expanded to benefit the poor

AFP , DALIAN, CHINA

"With less than six months to go before the WTO Ministerial in Hong Kong, negotiators are miles from consensus and have failed even to produce draft texts for discussion," she said.

Charveriat said the G8 missed the opportunity to give the talks the boost they needed.

"Their rhetoric is sadly mis-matched with the state of WTO negotiations in Geneva where rich country intransigence and self-interest is blocking progress and jeopardizing the whole round," Charveriat said.

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