ADVT:

  Home   Astrology   Business   Indiafocus   Lifestyle   Movies   News   Parenting   Online Exam   Sports   Travel

HomeWorldAmerica  
  
More News
Seven blasts strike Bangalore,...
BJP expels eight Lok Sabha MPs
Militants release eight...
Speaker should have resigned:...
Sri Lanka approves power deal...
5 killed in Srinagar grenade...
Indian envoy meets outgoing...
Govt will be toppled, vows...
'Spy aircraft' that weighs just...
CPI-M had no option but to...
Strong earthquake jolts Japan,
Leak at French nuclear plant...
Sangrash Samiti calls for Jammu...
Arctic holds 90 billion barrels...
US asking China to follow...
US has congratulated the UPA...
French parliament adopts law...
BJP MP's house attacked by...
CPI-M politburo meets, to move...
Left criticised for favouring...
Osama's driver faces US...

Worth a click
  Baby Clothes
Jewellery
Bluetooth Headsets
Health & Fitness

 
Bush calls for successful finish of Doha round
Thursday, February 01, 2007 12:55 [IST]
PTI

bushNew York:US President George Bush has calledfor successful conclusion of Doharound trade negotiations, saying it provides the 'most promising opportunity'to expand free and fair trade and advised Americans against taking shelter inprotectionism in the face of globalization.

Addressing business leaders here yesterday, he also sought from the lawmakersthe authority to negotiate complicated trade deals and then send them to theCongress for tan up and downv vote agreement.

But analysts said Bush would not find it easy to get such a blanket authority,which expires later this year, from the Democratic Congress.

At the moment, Bush said, the most promising opportunity to expand 'free andfair' trade is conclusion of the Doharound with potential to lower trade barriers all around the world.

"Successful trade talks will have an enormous impact on the people aroundthe world. Since the World War II, the opening of global trade and investmenthas resulted in income gains of about USD 9,000 a year for the averageAmerican," he said.

The talks have been stalled over rich countries, including the United States,reluctance to end farm subsidies which would make agricultural products fromdeveloping world competitive. However, they insist that developing countriesopen up their markets to the products of the rich countries.


Add To

digg.com

del.icio.us

stumbleupon.com

My Yahoo

reditt.com

newsvine.com

fark.com
 Post Your Feedback   
Name
Email ID
Comments
 Other Features
News today
Readers speak
Public opinion
Print this page
Mail this page
Archives
Columns