Open

Coming up

Don't miss

Replay


LATEST SHOWS

BUSINESS DAILY

More than half of French households will pay no income tax this year

Read more

MEDIAWATCH

#IceBucketChallenge and hashtag activism

Read more

DEBATE

Pakistan's Political Turmoil: Can Imran Khan's PTI Party Depose the Government? (part 2)

Read more

DEBATE

Pakistan's Political Turmoil: Can Imran Khan's PTI Party Depose the Government?

Read more

WEB NEWS

Web users taking on the "Ice Bucket Challenge" to fight ALS

Read more

FOCUS

Israel's minorities and military service

Read more

ENCORE!

Montreal Stories

Read more

DEBATE

Racism, riots and police violence: USA under scrutiny (part 2)

Read more

DEBATE

Racism, riots and police violence: USA under scrutiny

Read more

  • Ex-PM Juppé announces bid for 2017 French presidential race

    Read more

  • IS militants ‘behead’ missing US journalist in gruesome video

    Read more

  • Deadly airstrikes hit Gaza as ceasefire with Israel collapses

    Read more

  • Tentative peace in Ferguson despite second fatal shooting

    Read more

  • Suspected Ebola cases in Austria, new drug raises hopes

    Read more

  • WWII anniversary highlights best - and worst - of Paris police

    Read more

  • Headscarf at the beach sparks French MEP’s fury

    Read more

  • Iraqi army clashes with militants in Tikrit after retaking key dam

    Read more

  • Video: Life in under-siege Donetsk

    Read more

  • Racism, riots and police violence: USA under scrutiny

    Read more

  • ‘Let it be’: Londoners sick of Abbey Road tourists

    Read more

  • Australia to free children from immigration detention centres

    Read more

Brazil to revive failed trade talks

Latest update : 2008-08-04

Brazilian President Luiz Inacio Lula da Silva said on Saturday that his nation will restart talks on a global trade pact, which had collapsed at WTO talks in Geneva on Tuesday following a deadlock between the US and India.


  
Brazilian President Luiz Inacio Lula da Silva announced Saturday that he has launched consultations with the United States, China and India to salvage world trade talks that recently collapsed.
  
Lula said he had discussed the issue with US President George W. Bush by telephone and would speak next week with Chinese counterpart Hu Jintao during his visit for the Olympic Games and will call Indian Prime Minister Manmohan Singh.
  
"I remain optimistic about negotiations resuming," Lula said in Sao Paulo after a meeting with unions.
  
"Since I plan to speak with Prime Minister Singh, President Hu Jintao, and already did so with Bush, we will see if it is possible to return to the negotiating table," he said.
  
The Brazilian president said a deal could be reached if differences between India and the United States can be resolved.
  
"It might take a month or two, but an agreement is necessary because we need to guarantee for the poorest countries access to the market of the most developed ones," Lula said.
  
The World Trade Organization negotations in Geneva collapsed on Tuesday following nine days of intense talks due to disagreement between India and the United States over a so-called special safeguard mechanism (SSM).
  
The measure is designed to protect poor farmers, allowing countries to impose a special tariff on certain agricultural goods in the event of an import surge or price fall.
  
Lula said negotiators had been "close to reaching an agreement, and it did not happen because of minor issues."
  

Date created : 2008-08-03

COMMENT(S)