WTO Head Sets Target For Trade Deal

Law360, New York (May 31, 2006, 12:00 AM EDT) -- World Trade Organization Chief Pascal Lamy warned trade ministers Tuesday that they need to wrap up a deal meant to reduce farm subsidies and tariffs on farm and industrial goods, setting a deadline for the end of June.

Forty trade ministers are expected to participate in negotiations at the end of June over the focal point of the Doha global trade round.

WTO members have hit road blocks in making an accord to set guidelines for slashing subsidies and tariffs in the Doha round, which began...
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