Geneva: The WTO's chief negotiator on freeing up access for industrial products said today he sees no point in further talks until member states are ready to compromise over tariffs and other key sticking points.
The 152 members of the WTO need to "work among themselves to bridge their positions and until they do that, it is pointless to convene NAMA negotiating group sessions," ambassador Don Stephenson said.
Industrial products come under the rubrique of "non-agricultural market access" (NAMA) as part of World Trade Organisation talks launched in 2001 on liberalising the global trading system.