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Indonesian president asks Bush to promote fair global trade
POSTED: 10:56 a.m. EDT, March 21,2007
Indonesian President Susilo Bambang Yudhoyono has talked to U.S. President George W. Bush, offering a fair settlement on the global trade distortion between the developed countries and developing countries.

This was revealed by President Susilo in his prepared welcoming speech in front of ministers and delegates of the second G-33 meeting in Jakarta on Tuesday evening.

President Bush and Susilo talked a day ahead of the meeting, according to the Indonesian state spokesman Dino Pati Djalal.

"In my conversation with President Bush, I emphasized the need for a constructive approach towards a win-win solution for all, and as we in the group of G33 try to formulate a realistic common position," said President Susilo.

During his speech, President Susilo said that the imbalance in the global trade, particularly in agricultural commodities, must be rectified.

"It is our right and our responsibility to protect our farmers and our rural population from falling victim to an unjust trade regime," he said.

The developed countries have raised barriers to market access for the farm products of the developing world and spent billions of U.S. dollars in subsidies, which results in the distortion of the trade in agricultural products that is strangling the most vulnerable segment of populations in the developing world, said Susilo.

"The international agricultural trade, which is characterized by high subsidies and high tariffs by developed countries, is the major external constrain to our efforts to develop our agricultural sector. It severely limits our capacity to compete in our domestic markets let alone export our agricultural products," he said.

"The group (developed countries) must therefore step up its drive for the reduction of domestic subsidies and tariff barriers that distort global agricultural trade," said Susilo.

The president asked the developing countries to continuously encourage the developed countries to muster the political will to reform their policies on agricultural trade and move the World trade Organization (WTO) negotiation forwards to a balanced outcome.

At the end of January, President Bush urged Congress to renew the fast track authorities to negotiate trade agreements and emphasized the commitment of the U.S. to have a successful Doha Round and the will to work hard to complete negotiations.

Similarly, Indian Minister of Commerce and Industry Kamal Nath said that the meeting would send a strong message to the developed countries for the trade balance.

"They (the developed countries) have to ensure that there is a trade, more equivalent and fair," he told reporters.

The minister also said the necessity of the market access for the developing countries to the developed countries.

Earlier on Tuesday, Brazilian Foreign Minister representing G-20 in the meeting Ceiso Luiz Mune Samorim stressed the importance of the conclusion of the Doha Round.

We gave a strong message not only depend of interest, but also in term of pushing far negotiation," he told a press conference after meeting with Indonesian President Susilo Bambang Yudhoyono at the presidential office here.

He said that the developed countries had responsibilities for diminishing their subsidies.

From:www.chinaview.cn
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