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The free-trade movement's Achilles heel: humanity's oldest industry--farming--may be the last to be liberated.
The World Trade Organization negotiations in Cancun broke down last year as the delegates clashed over agriculture. The leaders of the developing world have realized they can't compete with the treasuries of the European Union, Japan, and the United States when it comes to subsidizing farmers. And they don't want to talk about trade in industrial products and services until their agriculture products can be sold on an equal footing in rich countries.
Of course Third World countries, despite their complaints, have many distorting farm tariffs of their own. India, one of the leaders of the group that led the revolt in Cancun, has an agricultural trade surplus with ...
- Sugar prices down after decision to ban exports.
- News wire article from: PTI - The Press Trust of India Ltd. July 5, 2006 700+ words
Sugar prices down after decision to...exports to the US and European Union, would be applicable...futures market too, sugar prices have crashed by over...measures taken to arrest sugar prices is the decision to pump...
- Strategic interventions hold back sugar prices in 2005.
- News wire article from: PTI - The Press Trust of India Ltd. December 26, 2005 700+ words
Strategic interventions hold back sugar prices in 2005 New Delhi, Dec 26 (PTI) Volatile...backdrop of high crude prices. Global sugar prices are likely to rise on supply shortage in the European Union, Thailand, Mexico and Colombia in...
- Thai Commerce Ministry Rejects Hike in Refined Sugar Prices.
- Newspaper article from: Knight Ridder/Tribune Business News March 29, 2003 700+ words
...proposal to raise refined sugar prices by two baht a kilogramme...such as pressing the European Union (EU) to stop export...help stabilise world sugar prices over the long term...the impact of higher sugar prices on local food and beverage...
- SUGAR PRICES SKYROCKET IN SWEET START FOR AUSTRALIA'S CSR.
- News wire article from: AsiaPulse News January 5, 2006 700+ words
...sweet start to the year as sugar prices continue to skyrocket and...two years ago, a slump in sugar prices dragged down CSR's profits...quite substantial leverage to sugar prices, that would explain a lot...decision last year to force the European Union to substantially ...
- Fiji to develop plan for falling sugar prices.
- News wire article from: PAC - Pacific Islands Broadcasting Association September 7, 2005 700+ words
...out of preferential sugar prices in 2007. The decision...stakeholders and the European Union (EU), led by its...because of changes to sugar prices. Fiji will benefit...affected by the fall in sugar prices. The EU promised more...
- WORLD SUGAR PRICES EXPECTED TO FALL 11% IN 1999/2000: ABARE.
- News wire article from: AsiaPulse News December 14, 1999 700+ words
...CANBERRA, Dec 14 Asia Pulse - World sugar prices were expected to fall by more...Resource Economics (ABARE) said sugar prices would average 6.4 US cents...production in Brazil and the European Union offsets lower sugar production...
- USDA Predicts More Low Sugar Prices, Cites Foreign Protections.
- Press release article from: PR Newswire August 9, 1999 700+ words
...USDA expects "continued low sugar prices" and noted that "major importing...world-market prices." World sugar prices have recently been running at...trade distorting practices as European Union export subsidies, Brazil's...
- Free-Trade Plans Could Drop Sugar Prices Below Production Levels, Study Says.
- Newspaper article from: Knight Ridder/Tribune Business News December 3, 2003 700+ words
...economic study predicts that U.S. sugar prices will fall below the cost of production...Trade Agreement -- would cut wholesale sugar prices from 24 cents a pound to 18 cents a...Trade Organization. Koo said that the European Union has subsidies three or four times the...