Beijing
New alliance of developing countries positive outcome of WTO meeting: Arroyo
www.chinaview.cn 2003-09-16 13:19

¡@¡@MANILA, Sept. 16 (Xinhuanet) -- The emergence of a new alliance ofmore than 20 developing countries can be considered a positive outcome of the World Trade Organization (WTO) ministerial meeting,Philippine President Gloria Macapagal-Arroyo said Tuesday.

¡@¡@"We must now ride the fresh tide of trade politics that is justand fair to the developing nations and takes into account the welfare of the great majority of the world's people," Arroyo was quoted as saying in a presidential palace statement.

¡@¡@She said the emergence of a new alliance of more than 20 developing countries can be considered a positive outcome of the failed global trade talks in Cancun, Mexico.

¡@¡@"We shall continue to work with this alliance in order to defend and preserve the welfare and livelihood of our farmers, fisher folk and all those who struggle in the margins of our economy," Arroyo said.

¡@¡@"We cannot have political security, both in the national and global sense, if we cannot ensure economic security at the grassroots. The developing countries must stick together to upholdthis principle," she added.

¡@¡@The Cancun talks held from Sept. 10 to Sept. 14 failed to reachan agreement due to differences between the developing countries and the developed countries on various of farm issues, including the agriculture subsidies issue.

¡@¡@The poor WTO members accused the rich ones of providing 300 billion US dollars in subsidies each year to protect domestic producers against cheap imports, and to allow them to export products to regions where farmers are not subsidized.

¡@¡@At the Cancun meeting, 21 developing countries formed a bloc demanding the removal of farm subsidies in the developed countries.The United States and Europe, under unprecedented pressure to showflexibility, said they would open their markets if the group softened its demands.

¡@¡@The Philippine government said earlier that it welcomed the collapse of Cancun talks, viewing it as a triumph of joints efforts by the poor nations to defend their rights, especially in the agricultural sector. Enditem 


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