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US shows a new willingness to review agricultural subsidies

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TrogL Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-19-04 03:24 PM
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US shows a new willingness to review agricultural subsidies
http://www.thestar.com/NASApp/cs/ContentServer?pagename=thestar/Layout/Article_Type1&c=Article&cid=1074121809711&call_pageid=970599119419

Martin's vision takes shape


...

In a letter apparently timed for the summit, Bob Zoellick, Bush's trade czar, revealed a new willingness to review agricultural subsidies, the largest obstacle now blocking an increase in international commerce the World Bank values at $500 billion a year.

...

Not surprisingly, the letters are being interpreted as a surprising change of course. Just weeks ago, the Bush administration seemed happy to let broad trade agreements founder while it negotiated beneficial side-deals.

...

In Cancun and in Monterrey, it was the G-21 group of countries, and particularly Brazil, that refused to accept a deal advancing the interests of multinational corporations without increasing access to U.S. markets or linking economic growth to social equity.


I wrote a long explanation and partway through realized I didn't have a clue what I was talking about (is this new behaviour on my part??).

Now I'm confused. Do the G-21 like or hate subsidies?
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