APPLY NOW Trade representatives from the US, Brazil, India and Europe will meet to hammer an agreement that will resolve the 2005 deadlock in the DOHA round. In the negotiations, US and EU will be pushing India and Brazil, acknowledged leaders of the world's developing countries, to open their economies. To quote an online editor at the http://www.americaneconomicalert.org/news_home.asp?NTID=67 ; "Developing nations are being pressed to open their markets wider to industrial goods and services and the United States is seeking fewer farm products on their "protected" list. But India and other developing nations says they needs their farm tariffs to protect the livelihoods of their huge farming populations. Up to 80 percent of the workforces in developing nations depend on agriculture." I believe that the editor failed to point out that the US heavily subsidises a lot of industries, therefore creating “False competitiveness” for their local industries. I am not t...
What's happening in this world.