FAO sees no alternative to
multilateral trade talks
Agency urges countries to resume trade
2003, Rome -- After the failure of the world trade
talks in Cancún, FAO today urged countries to consider seriously
informal contacts with a view to returning to the negotiation
table, with a better outcome this time.
"The collapse of the WTO meeting in Cancún
should not be the end of trade talks in an international
framework," FAO said.
"Much is at stake for developed and
developing countries regarding a level playing field in world
trade. It is time for governments to recognise that a fair and
open multilateral trading system is in the social and economic
interests of their entire societies, rich and poor
alike," FAO said.
want to improve the living conditions of millions of people in
developing countries and reduce the number of more than 800
million chronically hungry people, these countries need
investment to improve their productive capacity and
competitivity, but also a better chance to sell their products
on the world market."
it "regrettable" that in Cancún countries
could not find a fair agreement on agricultural trade issues.
"There are no viable alternatives
to the multilateral trade talks, and when the psychological
constraints of the forthcoming national political events are
removed, countries should consider returning to the negotiating
table before the momentum is lost," the agency
Northoff Information Officer, FAO
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