Domestic Subsidies To Press World Cotton Prices
On Tuesday, Mali trade minister AhmadouAbdoulayeDiallo said that if the WTO agreement could not solve Africa's production cotton The problem of the state will stop WTO from reaching any agreement at any time. He said, "we will speak out loud and clearly, and if our interests are not protected, we will never sign the agreement."
Diallo stands for four main African products. cotton Statements were made by the state (Mali, Benin, Burkina Faso and Chad). The four countries want industrialized countries, especially U.S.A To reduce domestic subsidies, they said. U.S.A Domestic subsidies are pressing the world. cotton The price sacrifices the interests of the less developed countries.
World Trade Organization Director general Lamy is considering a ministerial meeting this month to finalize the global trade integration agreement. Diallo said, cotton The problem must be put on the table.
He said: "for other Member States, cotton It may be a secondary problem, but for us, cotton It's a matter of life and death. cotton It is the cornerstone of our development policy. In the total output value of four African cotton producing countries, cotton It accounts for about 7%. " Diallo said, we hope that this Ministerial Conference will put cotton on the top of the agenda, and can not be ignored as it did in July.
The Geneva conference was not resolved in July. cotton Instead, it is eager to reach a comprehensive trade agreement under the framework of the WTO Doha round. The collapse of the talks in July was caused by the divergence between developed and developing countries in raising the protective tariff to protect the poor farmers' mechanisms.
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