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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: Trade ministers meet with 2010 Doha deal in sights AFP - Thursday, September 3 NEW DELHI (AFP) - - Trade ministers met in New Delhi on Thursday for talks that WTO chief Pascal Lamy said could lay the groundwork for a final push to reach a new global free-trade pact next year. ADVERTISEMENT "The WTO ministers will have the opportunity to map out how they intend to bring the Doha round to a close in 2010," World Trade Organization director general Lamy told reporters. "The meeting can be the real beginning of the end-game of the round," he added. The two days of informal ministerial level talks are also seen as preparation for further progress at a meeting of leaders of the Group of 20 wealthy and emerging nations in Pittsburgh later this month. "We are in the end-game of Doha negotiations," Australia's Trade Minister Simon Crean declared on the eve of the talks to be attended by key World Trade Organization players including the European Union, the United States and China. India's differences with the US over subsidy protection for poor farmers contributed to the collapse in July 2008 of the long-running Doha Development Round, which is aimed at lifting millions out of poverty and boosting the global economy. Now India has grabbed the initiative to "re-energise" the stalled negotiations and take the opportunity shed its reputation as a "spoiler" of the round. Top industrial nations and five emerging economies, including India and China, agreed in July to conclude a deal by the end of 2010. India's new Trade Minister Anand Sharma, regarded by observers as more conciliatory than his predecessor Kamal Nath, says New Delhi is keen for a successful conclusion of the negotiations, which began in 2001. But, like his predecessor, Sharma has also insisted there can be no compromise on the round's development thrust and said New Delhi wants to "ensure historic distortions are corrected" to improve the lives of the poor. Farmers and leftist groups said they would stage a protest at the meeting, which will focus on ways to close gaps on liberalising trade in agricultural and manufactured goods. Doha "demands so much from us while giving nothing in return," said Yudhvir Singh, spokesman for the Indian Committee of Farmers Movements representing 13 states. Meanwhile, Indian officials have played down the chances of any breakthrough, saying talks would focus on crafting a game plan for negotiators to reach a deal. "This is not going to be a negotiating forum," Commerce Secretary Rahul Khullar, the top civil servant in India's trade ministry said prior to the talks. "This is going to be about the process of negotiation -- how we do a deal." In order for a final deal to be reached, all 153 WTO members must agree to a pact that would radically reduce subsidies given to North American and European farmers while lowering other trade barriers. Deadlock between the major trading blocs has dashed repeated attempts to reach agreement but with new governments in Washington and India, there is renewed hope for success. The talks should provide "the clarity needed to understand the opportunities for meaningful market access" and pave the way for a successful Doha conclusion, US Trade Representative Ron Kirk said before leaving for New Delhi. US President Barack Obama has said he wants a Doha deal, but analysts say he faces pressure from domestic industry groups, which want protection. Email Story IM Story Printable View Blog This Sign in to recommend this article » 0 users recommend Related Articles: Free Trade Trade ministers meet with 2010 Doha deal in sightsAFP - Thursday, September 3 US sees WTO ministerial talks key to Doha successAFP - Wednesday, September 2 SKorea to ratify EU free trade deal soon: SpeakerAFP - Wednesday, August 26 Mexico's president favor trade deal with BrazilAP - Sunday, August 16 Related Articles: Business Indian bond yields hit new high for 2009Reuters - 2 hours 55 minutes ago China tells some banks to halt new business-reportReuters - Thursday, September 3 GLOBAL MARKETS-World stocks, oil, euro firmer after ECBReuters - Friday, September 4 TABLE-Bangladesh key economic indicators - Sept 3Reuters - Thursday, September 3 Indian rupee edges up, falling stocks a concernReuters - Friday, September 4 Enlarge Photo Trade ministers meet with 2010 Doha deal in sights Related Photos Slideshow Full Photo Coverage: Business & Economy Related Full Coverage Free Trade Free Trade All Full Coverage Most Popular – Business Viewed BP unveils 'giant' oil discovery in Gulf of Mexico First baby born from new egg-screening technique Kidnapped US girl walks into police station 18 years on Swine flu vaccine to cost up to 20 dollars per dose: WHO Madoff's beachfront hideaway up for sale -- but it's no steal View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! 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