Home | Register | Login | Help | Forum | Log out
Agencies & Partnership
Company Directory
Our Global Network
About Us
Focus News Industry research Exhibition Regulation & Law Executive Talks
Search:
 
Home > Resources > News > Business > Biz_World
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:
Print | Save
RELATED
China's foreign trade grows by one fifth (2007-3-13 12:34:00)
Flag vessel ordinance hampers flow of Pakistan trade (2007-3-1 11:06:00)
Chinese official calls for stronger trade ties with Russia (2007-2-28 16:51:00)
Half of airfreight arriving in Germany originated in Asia in 2006 (2007-2-28 11:26:00)
World coffee growers warned not to raise production (2007-2-26 11:07:00)
Japan seen posting trade deficit in Jan., 1st in 12 months (2007-2-20 11:46:00)
Foreign trade and payments: Foreign-exchange reserves continue to increase (2007-2-20 11:36:00)
Service trade deficit on rise (2007-2-20 11:23:00)
Janel World Trade, Ltd. Reports First Quarter Operating Results (2007-2-19 10:54:00)
U.S. trade deficit sets new record in 2006 (2007-2-14 11:29:00)
Sino-ASEAN bilateral trade hits US$160.8 billion in 2006 (2007-2-10 11:48:00)
Suzhou Export Processing Zone handles trade worth US$10 billion (2007-2-9 11:46:00)
Home - Shipping - Airfreight - Integration - Members - Resources - My Jctrans - Links
About Us - Help - Contact Us - Site Map
嶄猟利
Privacy Policy - Terms of Use
Copyright Notice 2000-2007 Jctrans.com Corporation and its licensors. All rights reserved.