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The Doha round began in 2001 aimed at relieving the poverty of millions - farm subsidies have been the main stalling point along the way (Photo: Commission)

Australia slams EU for trade talks fiasco

Australia has slammed the EU for playing a major role in the collapse last month of international talks on liberalising world trade.

"Why are the negotiations stuck? The simple but familiar answer is that rich WTO Members do not want to substantially open their agricultural markets," said trade minister Mark Vaile on Thursday according to Today Online.

"The European Union's offer to cut agricultural tariffs by 51 percent might sound reasonable, but its tariffs are so high that it ...

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The Doha round began in 2001 aimed at relieving the poverty of millions - farm subsidies have been the main stalling point along the way (Photo: Commission)

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