| FOR IMMEDIATE RELEASE |
CONTACT: Eric Thomas |
| March 7, 2006 |
The Fratelli Group
202-822-9491 |
Business Community Sees Opportunity for Progress in London
when "G-6" Trade Ministers Meet March 10-11
Washington, D.C. - The American Business Coalition for Doha
(ABCDoha) today called upon the ministers of Brazil, India,
the European Union, Japan, Australia, and the United States-the
G-6 countries-to set their sights on producing concrete ideas
for how to break the twin stalemates on market access for
agricultural and manufactured products if WTO members are
to meet their agreed deadline of April 30 for tariff-cutting
formulas.
"Time is running out on Doha. Every opportunity to advance
the talks is critical," said Scott Miller, Director for National
Government Relations for Procter & Gamble.
ABCDoha emphasized that ministers meeting in London this
week must do more than simply take stock. "The credibility
of these deadlines as providing real impetus for concluding
the round in 2006 is at stake," concluded Miller.
The American business community believes if the G-6 countries
lead, others will join their initiative. Brazil and India
are key to ensuring broad and robust participation by developing
countries in the negotiations and ABCDoha welcomes their constructive
engagement in these meetings.
ABCDoha also today urged the European Union to take a step
forward on agriculture, a move the coalition sees as necessary
to generate momentum in the broader negotiations.
ABCDoha believes this round represents a critical opportunity
to modernize the trading system and to promote vigorous and
dynamic growth of the U.S. and global economy. The World Bank
estimates that elimination of global trade barriers would
enhance global economic welfare by $290 billion by 2015.
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www.abcdoha.org
The American Business Coalition for Doha (ABCDoha) is
an umbrella group representing the diverse interests of service-providers,
manufacturers, agriculture, customs facilitators, and many
other stakeholders all dedicated to achieving an ambitious
result from the Doha Round in 2006.
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