Jun

4

Emerging economies slam new US farm bill at WTO

Filed Under General | Posted By Jennifer Sullivan | Leave a Comment

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India, Brazil, and other developing countries said that the new US farm bill will be hindrance to global trade talks determined at raising millions worldwide out of poverty.

A group of 20 developing nations also including China, Mexico and Argentina echoed criticism by WTO chief Pascal Lamy, who last week said the new US farm bill showed a wrong signal to the world while talks on a new global trade deal were going on.

The emerging countries said the “new bill looks agriculture policies in the wrong direction at a decisive juncture of the WTO Doha Round,” referred to the trade talks.

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