India, Brazil, South Africa and other emerging economic powers were put under pressure by EU trade chief Peter Mandelson on Monday to compromise on opening up their manufacturing markets in world trade talks.
The EU's trade commissioner said the countries were risking a failure of ongoing negotiations at the WTO in Geneva.
"On industrial tariffs, the negotiation is now in danger of going wrong," Mandelson told lawmakers at the European Parliament. "Emerging countries have to exercise responsibility commensurate with their importance and relative strength compared to the poorest. To some extent, they now hold the key to a conclusion of the talks."
A large group of developing nations, which also include Argentina, Indonesia, the Philippines and Venezuela, said last month they were seeking new exceptions for the manufacturing products that make up the vast majority of goods traded internationally.
Mandelson said such a position would put them in a position where they "will end up making next to no contribution to new trade flows" in the new trade round.
"That is simply not acceptable," Mandelson said. "Not just for the EU, but because this would negate any gains" for trade between poor nations.
He added that demands made to the emerging economic powers "are modest and proportionate" in cutting industrial tariffs under current trade proposals.
The US has also criticized Brazil and others for refusing to open up their manufacturing markets, warning that could spell failure of the six-year WTO round to liberalize world commerce.
In September, the US said it would accept a WTO proposal to limit its trade-distorting farm subsidies to a range between US$13 billion and US$16.4 billion if emerging economies do more to free up trade in manufacturing goods.
The global trade talks known as the Doha round aim to add billions of dollars to the world economy and lift millions of people out of poverty through free trade. But they have repeatedly stalled since their inception in Qatar's capital in 2001, largely because of wrangling between rich and poor nations over eliminating barriers to farm trade and, more recently, manufacturing trade.
AIR DEFENSE: The Norwegian missile system has proved highly effective in Ukraine in its war against Russia, and the US has recommended it for Taiwan, an expert said The Norwegian Advanced Surface-to-Air Missile Systems (NASAMS) Taiwan ordered from the US would be installed in strategically important positions in Taipei and New Taipei City to guard the region, the Ministry of National Defense said in statement yesterday. The air defense system would be deployed in Taipei’s Songshan District (松山) and New Taipei City’s Tamsui District (淡水), the ministry said, adding that the systems could be delivered as soon as the end of this year. The US Defense Security Cooperation Agency has previously said that three NASAMS would be sold to Taiwan. The weapons are part of the 17th US arms sale to
SERIOUS ALLEGATIONS: The suspects formed spy networks and paramilitary groups to kill government officials during a possible Chinese invasion, prosecutors said Prosecutors have indicted seven retired military officers, members of the Rehabilitation Alliance Party, for allegedly obtaining funds from China, and forming paramilitary groups and assassination squads in Taiwan to collaborate with Chinese troops in a possible war. The suspects contravened the National Security Act (國家安全法) by taking photos and drawing maps of key radar stations, missile installations and the American Institute in Taiwan’s headquarters in Taipei, prosecutors said. They allegedly prepared to collaborate with China during a possible invasion of Taiwan, prosecutors said. Retired military officer Chu Hung-i (屈宏義), 62, a Republic of China Army Academy graduate, went to China
INSURRECTION: The NSB said it found evidence the CCP was seeking snipers in Taiwan to target members of the military and foreign organizations in the event of an invasion The number of Chinese spies prosecuted in Taiwan has grown threefold over a four-year period, the National Security Bureau (NSB) said in a report released yesterday. In 2021 and 2022, 16 and 10 spies were prosecuted respectively, but that number grew to 64 last year, it said, adding that the Chinese Communist Party (CCP) was working with gangs in Taiwan to develop a network of armed spies. Spies in Taiwan have on behalf of the CCP used a variety of channels and methods to infiltrate all sectors of the country, and recruited Taiwanese to cooperate in developing organizations and obtaining sensitive information
BREAKTHROUGH: The US is making chips on par in yield and quality with Taiwan, despite people saying that it could not happen, the official said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) has begun producing advanced 4-nanometer (nm) chips for US customers in Arizona, US Secretary of Commerce Gina Raimondo said, a milestone in the semiconductor efforts of the administration of US President Joe Biden. In November last year, the commerce department finalized a US$6.6 billion grant to TSMC’s US unit for semiconductor production in Phoenix, Arizona. “For the first time ever in our country’s history, we are making leading edge 4-nanometer chips on American soil, American workers — on par in yield and quality with Taiwan,” Raimondo said, adding that production had begun in recent