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Officials: No Progress on Farm Trade Talks

Wednesday, February 22, 2006 6:04:12 PM
By MARTIN CRUTSINGER

U.S. Trade Representative Bob Portman, left, looks on as European Union Trade Commissioner Peter Mandelson answers a reporters question during their joint news conference at the U.S. Trade Represenative's office in Washington, Wednesday, Feb. 22, 2006. (AP Photo/Susan Walsh)WASHINGTON (AP) - Trade negotiators for the United States and the 25-nation European Union reported no breakthroughs Wednesday after two days of discussions aimed at narrowing differences on farm trade that have stalled global trade talks.

Both U.S. Trade Representative Rob Portman and EU Trade Commissioner Peter Mandelson expressed optimism that the differences can be resolved in time to complete the Doha round of trade talks by the end of this year.

But Mandelson pointedly said the EU will not make a better offer to lower European barriers to farm trade until major emerging economies such as Brazil and India go farther in offering to lower their barriers to manufactured goods and services such as banking and insurance.


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