WTO Official Scolds U.S. On Farm Subsidies

Law360, New York (May 1, 2007, 12:00 AM EDT) -- The World Trade Organization’s top agricultural negotiator harshly criticized the United States on Monday, calling the country’s continual insistence on increasing subsidies it pays to its farmers “frankly inconceivable.”

Crawford Falconer, an ambassador from New Zealand, issued a 28-page “challenges” paper for the Doha free trade talks, highlighting where farm negotiations were failing and suggesting measures countries could take.

“Now is the time for honest talk—for telling it how one sees it in the hope that sincerity might at least promote a greater seriousness of purpose...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.