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With a deadline of 2006 looming to finalise the WTO's
Doha Round of free trade talks, a long-running and bitter
dispute over agriculture threatens to permanently derail the
four-year-old blueprint for breaking down barriers to global
commerce. After virtually collapsing in late 2003, negotiations
appeared to get back on track last July with an agreement
by wealthy members to lower the tariffs and subsidies for
farm goods that developing countries say have kept them from
competing in world markets. But evidence has emerged that
the European Union and United States are still dumping corn,
milk, rice and sugar on overseas consumers. And progress in
other key areas has also lagged, including trade in industrial
goods, and services such as telecommunications and banking.
In light of the skewed balance of power between North and
South, who stands to gain if the talks ultimately succeed
or fail? Read IPS to find out.
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