Doha Trade Round Talks: Road to successful agreement littered with “potholes”; US Chamber of Commerce says deal has potential to deliver benefits to Ireland’s industrial and services sectors
Jul 27th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Doha Trade Round Talks: The European Trade Commissioner warned Sunday that the road to a successful Doha Round trade deal in Geneva, is littered with "potholes" despite signs of a developing consensus. Also on Sunday, African and Caribbean countries were under pressure to reach a deal on bananas and remove one roadblock to an overall agreement. The US Chamber of Commerce in Ireland said that a successful conclusion to the current WTO negotiations has the potential to deliver positive benefits to Ireland’s industrial and services sectors whileTánaiste Mary Coughlan has said the Irish Government, under pressure from the Irish Farmers' Association (IFA), is unhappy with the compromise proposal currently being considered as the basis for a future global trade deal.