Mandelson's Threat to Global Expansion ; City Focus

Daily MailJuly 26, 2006

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Summary


PETER Mandelson was in a belligerent mood as he did the rounds of Europe's television studios blaming the Americans for the collapse of the world trade talks. The EU Trade Commissioner was adamant that the killer blow was the demand by the Americans for developing countries to provide 'dollar for dollar' market access in exchange for a reduction in US agricultural subsidies.

Technically, Mandelson may have a point.

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Mandelson's Threat to Global Expansion ; City Focus

The Americans for domestic reasons, including the relative poverty of rural areas in the South have always been reluctant players in the battle to eliminate agricultural subsidies.

But the idea that the European Union is prepared to dismantle t...

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