New push from rich, developing nations to global trade talks

September 25th, 2009 Poor nations want compensation for economic crisisUNITED NATIONS — Developing nations are urging the industrialized world to acknowledge its responsibility for the global economic and climate crises and to compensate them for the damages these have caused. Yemeni Foreign Minister Abu-Bakr al-Qirbi, who chairs the Group of 77 that represents 132 developing counties, says the U.N.

September 17th, 2009 EU leaders chide US on climate billBRUSSELS — The European Union says the United States has to make deeper cuts in emissions as part of legislation currently going through the U.S. Congress. Sweden's Prime Minister Fredrik Reinfeldt says while the 27-nation bloc welcomes the draft U.S.

September 17th, 2009 France: EU calls for global cap on bank payBRUSSELS — French President Nicolas Sarkozy says that EU leaders have agreed to impose a cap on bankers' pay. He told reporters that all 27 EU nations are in "total unity" that the world cannot repeat the "scandal" of bonuses for executives and traders that encouraged banks to take huge risks.

September 5th, 2009 NEW DELHI - Visiting trade ministers of more than 30 countries including US Trade Representative Ron Kirk and WTO director general Pascal Lamy met Prime Minister Manmohan Singh here. During the meeting, the ministers held a discussion regarding various vital issues.

September 4th, 2009 NEW DELHI - US Trade Representative Ron Kirk has urged World Trade Organisation members to engage in multilateral talks, and move beyond what was agreed upon earlier in order to reach a successful conclusion of the Doha round. "More is required to get us to a successful conclusion or else Doha round would have succeeded in 2008, 2007, 2005.

September 4th, 2009 NEW DELHI - Key differences still remain between rich economies like the US and advanced developing nations like India, China and Brazil, said World Trade Organisation (WTO) Director General Pascal Lamy here Friday. The US is ready to even clinch a final deal, but that may not exactly be the Indian view or a Chinese view or the Brazilian view, Lamy said at an interactive session organised by the Confederation of Indian Industry (CII) here, after the conclusion of the two-day mini-ministerial meeting among representatives of some 40 key WTO members.

September 2nd, 2009 NEW DELHI - Trade ministers of nearly 40 countries will meet over two days here from Thursday to try and draw a roadmap that can put the derailed Doha Development Round of multilateral trade negotiations back on track. India's Commerce Minister Anand Sharma will host the meet, which will include US Trade Representative Ron Kirk, Brazilian Foreign Trade Minister Celso Amorim and the director general of the 153-member World Trade Organisation (WTO), Pascal Lamy.

July 29th, 2009 NEW DELHI - Commerce Minister Anand Sharma said he was looking forward to hosting the September meeting among global trade ministers to put the derailed global trade talks back on track. India had proposed to host the mini-ministerial meeting of the 153-member World Trade Organisation (WTO) at the G20 Summit in London, which was attended by Prime Minister Manmohan Singh, where leaders agreed to give a political push to trade talks.

July 10th, 2009 L'AQUILA - German Chancellor Angela Merkel and Indian Prime Minister Dr. Manmohan Singh met on the sidelines of the G8-G5 summit here on Thursday.

July 9th, 2009 World leaders want deal in trade talksL'AQUILA, Italy — Leaders of rich and developing nations want to finally seal a long-delayed world trade deal next year and head off trade wars that could hit world economies as they struggle to emerge from recession, according to a draft of a joint declaration obtained by The Associated Press. Completing the so-called Doha round of talks has risen up the agenda due to fears that the economic crisis will lead to an upsurge in protectionist policies like the ones that helped cause the Great Depression of the 1930s.

July 9th, 2009 L'AQUILA - Leaders of the world's richest nations and major developing powers met on Thursday (July 9) to discuss global issues on the second day of a G8 summit in L'Aquila, Italy. They are trying to arrive at a common ground on global warming and international trade, with the poorer countries seeking concessions.

July 9th, 2009 Summit draft: G8/G5 seek Doha trade deal in 2010L'AQUILA, Italy — Leaders of developed and developing nations meeting in the quake-ravaged city of L'Aquila are seeking agreement to wrap up stalled trade talks in 2010 and head off protectionist policies. A draft of a joint declaration by the Group of Eight obtained Thursday by The Associated Press sets a goal of concluding the stalled Doha round next year.

July 9th, 2009 L'AQUILA - US president Barack Obama and Indian Prime Minister Manmohan Singh cozied up to each other at a summit of the G8-G5 groupings at L'Aquila in Italy on Thursday. Leaders of the world's richest nations and major developing powers would have on the table raging issues like global warming and international trade, with the poorer countries seeking concessions.

July 9th, 2009 L'AQUILA - The developing countries are bearing a major brunt of the global financial crisis they did not create, the Group of Five main emerging economies said in Italy on Wednesday. Prime Minister Dr.

June 20th, 2009 WASHINGTON - Union Minister for Commerce and Industry Anand Sharma has called for fair global trade solutions in a bid to end global recession during his meeting with US Secretary of State Hillary Clinton and US Trade Representative Ron Kirk in Washington. Sharma said India wants the World Trade Organization's Doha trade talks to resume, as it is important for countries to cooperate and break down trade barriers amid current global economic downturn.