Lamy calls on G20 to begin to draw up exit strategies (Dow Jones)
WTO's Lamy Urges G-20 To Send Strong Signal To Break Doha Impasse
By Tom Barkley, Of DOW JONES NEWSWIRES
TORONTO -(Dow Jones) - The head of the World Trade Organization on Saturday called for Group of 20 leaders to make a renewed push to break the "impasse" in the Doha round of trade talks.
"Toronto must send a signal that G-20 leaders are ready to spend political capital at home to get the Doha Round to the finish line," WTO Director-General Pascal Lamy said in prepared remarks to a meeting of business and political leaders on the sidelines of the G-20 summit...
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...Lamy acknowledged that subsidies and other measures implemented during the global slump to support local economies were distorting trade. He called on the G-20 to start drawing up exit strategies. Those measures should be withdrawn "as soon as domestic economic recovery takes hold," he said.
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