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EU Welcomes WTO Proposal As Positive Step

The European Union says a proposed deal to rescue global trade talks is a "step in the right direction." Mediators at the World Trade Organisation (WTO) presented a draft last Friday (Jul. 16) for an agreement on steering the stalled Doha Development Round (DDR) negotiations towards a pact on reforming global trade.

WTO Compromise In Global Trade Talks Draws Mixed Reaction

Trading nations have given a mixed reception so far to a final attempt by the World Trade Organisation to broker a compromise in deadlocked global trade talks by the end of the month. As informal discussions continued in Geneva, WTO Director General Supachai Panitchpakdi reiterated Tuesday that the compromise text released Friday struck a balance between the 147 member states.

France Accuses the U.S. of AIDS Blackmail

July 14, 2004 Wednesday Home Edition Tempers flared here Tuesday as France accused the United States of trying to blackmail small countries such as Thailand into upholding patents on anti-AIDS drugs.