Alexa

EU trade Commissioner says world trade talks collapse will hurt poor most

EU trade Commissioner says world trade talks collapse will hurt poor most

European Union trade chief Peter Mandelson says that world trade talks are teetering on the brink of collapse and warns failure will hit developing nations most.
In comments Friday to ministers from a group of least developed nations in Lesotho, the EU Trade Commissioner says failure in the talks would create the impression that global deals on climate change or financial flows are also pipe dreams.
Mandelson says that the parties involved in the Doha Round of trade talks have to get a deal before the U.S. elections since a new president will have to assess the economic outlook first.


Updated : 2021-03-03 11:27 GMT+08:00