| You are in: Business | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Sunday, 14 October, 2001, 11:48 GMT 12:48 UK Doha in doubt for WTO talks Prime minister Goh Chok Tong welcomes the delegates The new round of world trade talks scheduled to start in November are still on the cards, according to diplomats thrashing out the agenda at a meeting in Singapore. But the venue - Doha, in Qatar - is looking increasingly doubtful.
Worries have been voiced that Doha's location in the Middle East is too close to the epicentre of the current tension over terrorism. But on the other hand, the slight to a Muslim country if Doha were to be passed over could cause problems, and in any case moving the WTO summit at such short notice could be seen as giving in to terrorism. Doha was originally chosen as a way of stemming the likely mass of protestors, who were instrumental in making the last WTO meeting in Seattle in 1999 an ignominious failure. Heading east Singapore itself is one possible alternative location, as its trade minister, George Yeo, confirmed. "Singapore and a number of other countries have been sounded out in an informal way whether we could host (the meeting) in an emergency," he said. "We could do something on a much scaled down basis."
But he stressed that the talks themselves were not in doubt, even though there has vicious wrangling over agenda items including agriculture and services. The agenda was "85-90% of the way there", Yeo told reporters. The compromises made include dropping all references to a "new round", which has been a sticking point with developing countries They say the benefits from the last round have yet to trickle down to them, and accuse their richer neighbours of blocking or foot-dragging on agreements which would benefit the poor. Food issues Arguments are still going on about agriculture in particular, with Europe and Japan continuing to hold out against liberalising their domestic markets. But others, including Singapore and the US, have stressed that fresh negotiations are necessary to counteract the economic effects of the 11 September attacks. Speaking at the opening of the 22-country meeting, Singapore's prime minister, Goh Chok Tong, said there was now a clear choice. "September 11 does not merely mark the conflict between civilised behaviour and terrorism, it also marks the conflict between globalisation and isolationism, between free trade and protectionism," he said. |
See also: 13 Oct 01 | Asia-Pacific 12 Oct 01 | Business 12 Oct 01 | Business 12 Oct 01 | Business Internet links: The BBC is not responsible for the content of external internet sites Top Business stories now: Links to more Business stories are at the foot of the page. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Links to more Business stories |
![]() | ||
| ---------------------------------------------------------------------------------- To BBC Sport>> | To BBC Weather>> | To BBC World Service>> ---------------------------------------------------------------------------------- © MMIII | News Sources | Privacy |