Mandelson: Don't panic over trade talks offer

The EU’s top trade negotiator today told EU governments not to panic over world trade talks, saying they would make a “terrible mistake” if they softened Europe’s stance on farm and other subsidies now.

The EU’s top trade negotiator today told EU governments not to panic over world trade talks, saying they would make a “terrible mistake” if they softened Europe’s stance on farm and other subsidies now.

“Surely it would be the wrong reaction, and a terrible mistake for the EU, at the first sign of serious movement in the talks – movement that we have been calling for – to lose confidence and pull in our horns,” EU Trade Commissioner Peter Mandelson told a special meeting of EU foreign ministers.

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