PIF announces pricing of $1.25 billion international sukuk offering    GAMI is organizing Saudi pavilion at Athens International Defense and Security Exhibition    Businesses count costs as India and Bangladesh impose trade restrictions    Israel fires largely controlled after mass evacuations    Donald Trump looms large over Australia's election    Trump ousts Waltz as national security adviser, nominates him for UN post    Saudi economy posts 2.7% growth in 1Q 2025    Saudi Arabia to rehabilitate six hospitals in Sudan    New Parkinson's Pump therapy introduced at King's College Hospital London in Dubai First-of-its-kind treatment offers a new lease on life for the youngest Parkinson's patient in the UAE and MENA region    Over 650,000 visit Saudi Arabia's 'Jusoor' exhibition in Jakarta in just six days    Makkah Mayoralty approves 3,149 Hajj housing permits for over 1.8 million pilgrims    King Charles sends heartfelt message to fellow cancer patients    FlyAkeed unveils AkeedAI at ATM Dubai — redefining the future of corporate travel with agentic intelligence    Al Nassr crash out as Kawasaki Frontale reach AFC Champions League Elite final    HR Ministry approves regulations for job ads and interviews in private sector    Saudi Transplant Congress discusses scientific advancements and innovations on organ donation and transplantation    Al Ahli stun Al Hilal to reach AFC Champions League Elite final    SR200,000 reward for each player of the Saudi club winning AFC Champions League title    William and Kate celebrate anniversary on Isle of Mull    Duran leads Al Nassr past Yokohama Marinos into AFC Champions League Elite semi-finals    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



US ready for serious WTO farm concessions — Bush
Reuters
Published in The Saudi Gazette on 30 - 03 - 2008

The United States is ready to make significant agricultural concessions to reach a new world trade deal if other countries open their markets to more US exports, President George W. Bush said on Friday.
“We're willing to make serious concessions on the agricultural front, but we expect other nations to open up their markets on manufacturing as well as services,” Bush said at a news conference after meeting Australian Prime Minister Kevin Rudd.
Bush said the Doha round, which is now in its seventh year, was a major topic of his conversation with Rudd.
“I said it's possible to achieve a Doha round. He, too, believes we should work to achieve a Doha round,” Bush said.
European Union Trade Commissioner Peter Mandelson told reporters in Paris he was encouraged by Bush's remarks.
“It's about time,” Mandelson said after meeting with French Prime Minister Francois Fillon.
“George Bush says ... the United States needs to make fair, reasonable payment into these negotiations,” Mandelson said. “I always said they would. The time has come for this to happen.”
On Monday, Brazil's chief Doha negotiator Robert Azevedo said negotiators were closer than ever to an agreement, but there still was no certainty of success.
The US and the EU both face demands to make deep cuts in their agricultural subsidies and tariffs, but want major developing countries such as India and Brazil to open their markets in exchange. Negotiators have been working in Geneva toward a possible ministerial-level meeting in April or May, where it is hoped a long-awaited breakthrough would occur.
“If ever the global economy needs a psychological injection of some confidence in the arm, it's now, and that can be delivered by a positive outcome on Doha,” Rudd said.
A successful agreement can only be achieved if all the major players - including Brazil, India, the United States, the EU and the Cairns Group of agricultural exporters led by Australia - do their part, Rudd said.
“It takes more than two to tango. It takes a lot of people to tango when it comes to the Doha round,” Rudd said.
The leaders said the United States and Australia would work together to try to bring the Doha round to a successful close.
The longtime allies are also building on the three-year-old US-Australia free trade agreement by signing an “open skies” agreement on Monday to liberalize air travel between the two countries, Bush said. __


Clic here to read the story from its source.