WTO deal step in process

OPPOSITION from France and Ireland forced EU Trade Commissioner Peter Mandelson to hold out for a 2013 deadline for phasing out export subsidies in agriculture, three years later than other WTO negotiators and anti-CAP member states such as the UK had wanted.
WTO deal step in process

But Irish Agriculture and Food Minister Mary Coughlan pointed out that the WTO deal in Hong Kong was only a step in the negotiating process, the final stages of which will be extremely important for Ireland, with vital issues on the table such as access to EU markets for non-EU countries.

At Hong Kong, only duty-free, quota-free access for 97% of exports by least-developed countries, from 2008, was agreed. These are countries with annual per capita incomes less than $750 (3% of products were left out because the US was unwilling to offer duty-free access to textiles from Bangladesh and Cambodia).

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