Home / Knowledge / News / WTO free trade talks back on track
WTO free trade talks back on track
28
Jul '08
The ongoing meeting of the seven leading trading powers at the World Trade Organization was almost waning when the members took an initiative to revive it by formulating an outline agreement in the Doha Round of global free trade talks.

In a bid to resurrect the staggering talks, trade and farm ministers from the seven leading trade countries (Australia, Brazil, China, the European Union, India, Japan and the United States, held an exclusive meeting on July 25. The meeting concluded on a very positive note and gave encouraging signs of progress and interesting ideas to bolster trade.

After the meeting Foreign Minister of Brazil told the media that although there has been a major progress in the sphere of trade of all the seven leading countries, there are still many challenges that need be handled at the earliest.

The minister also held firmly that the probability of striking a deal on modalities, key figures for cuts in tariffs and farm subsidies, has increased from 50 to 65 percent even before the meeting began on July 21.

Discussions over strategic issues will continue until early next week among more than 30 ministers, including those from the seven major trading partners. A meeting on the service sector will also be conducted today in the afternoon.

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search