US not 'giving up' on global trade talks: Schwab

0 Comments | AFP, June, 2007

WASHINGTON (AFP) — The United States is not "giving up" on securing an agreement on global trade talks despite a collapse in negotiations taking place in Germany on Thursday, US Trade Representative Susan Schwab said.

The negotiations between the United States, the European Union, Brazil and India in Potsdam ruptured on the same faultlines that have kept a deal elusive for nearly six years: farm subsidies and open markets.

US officials blamed Brazil and India for the breakdown in the sensitive talks.

Speaking to US-based reporters on a conference call from Potsdam, Schwab said: "The United States is not giving up on the Doha Round."

Brazilian Foreign Minister Celso Amorim said earlier Thursday that differences over agriculture subsidies -- the main...

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