If a Doha agreement ever reaches the House floor, the fight over CAFTA will seem but a skirmish.
ECONOMIST: A small victory for free trade as CAFTA passes | The
The likeliest outcome both from the Hong Kong meeting and the eventual Doha agreement is a compromise as always.
By binding tariffs near to the prevailing rate, a Doha agreement would have stopped policies taking a dramatic turn for the worse.
As for dampening our ardour for a successful agreement at the upcoming Doha round of trade talks, the new farm law, if anything, provides even greater impetus for our negotiators.
Given that the outlines of a deal must be settled by the Hong Kong ministerial meeting coming up in December for there to be any hope of a substantial agreement, there was a real risk that Doha might be derailed by French intransigence.
We are working for a successful Doha round of trade talks, and we must complete a good agreement this year.
We need to build on Doha and get on a path to a strong, fair and ambitious climate agreement.
Ms. Merkel, acknowledging the failure so far to complete the Doha Round of trade negotiations, also expressed support for a free-trade agreement between the U.S. and the European Union.
The Doha trade talks were supposed to be finished by now, culminating in an ambitious agreement to free trade in farm goods and services.
It is always easier to make the sort of concessions needed to secure agreement among such a large number of countries (141 will be represented in Doha) when the economic outlook is buoyant and governments feel freer to look beyond their own short-term interests.
And he has also said that if the Doha trade talks can't be restarted consideration should be given to a bilateral India-EU free-trade agreement.
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