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Article: MEXICAN PRODUCER GROUPS SAY CANCUN MEETINGS BROUGHT NEEDED ATTENTION TO AGRICULTURAL SUBSIDIES BY RICH NATIONS.
- Article from:
- SourceMex Economic News & Analysis on Mexico
- Article date:
- September 24, 2003
CopyrightCOPYRIGHT 2003 Latin American Data Base/Latin American Institute. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Mexican producer organizations are viewing the recently concluded summit of the World Trade Organization (WTO) in Cancun as a general success because developing nations were able to bring attention to excessive agricultural subsidies employed by the rich nations. Mexico was a member of the Group of 21 (G-21), a coalition led by Brazil, India, and China, that diverted the spotlight to the unfair farm subsidies. The overwhelming attention to this issue derailed the goal of developing nations to use the Cancun meetings to make progress on an agreement to phase out subsidies by 2005, a goal that now appears in jeopardy (see NotiCen, 2003-09-18).
The optimism ...