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Taiwan satisfied with conclusions of WTO conference, says economics minister

Taiwan satisfied with conclusions of WTO conference, says economics minister

The conclusions of the World Trade Organization ministerial conference which ended yesterday in Hong Kong conformed with Taiwan's expectation, an economics official said here yesterday.

The anonymous official said Taiwan's chief negotiator at the conference, Minister of Economic Affairs Ho Mei-yueh (何美玥), will return from Hong Kong and give a briefing on it today.

Cited a declaration issued by the conference, the official said the WTO has agreed to end all farm export subsidies by the end of 2013 while the developed countries should end their subsidies to cotton exports by 2006.

The Hong Kong declaration also recommended all WTO member states to beginning carry out before next April the agreement reached in the Doha round of talks in 2001.

The official said the elimination of farm export subsidies won't affect Taiwan which doesn't provide subsidies to farm exports.

And Taiwan's worry that the conference could move ahead the deadline for lowering tariffs on goods considered sensitive for political reasons has not taken place, thanks to the efforts of Taiwan's delegation, the official said.


Updated : 2021-08-02 04:49 GMT+08:00