AGL 38.00 No Change ▼ 0.00 (0%)
AIRLINK 212.20 Increased By ▲ 1.82 (0.87%)
BOP 9.82 Increased By ▲ 0.34 (3.59%)
CNERGY 6.40 Decreased By ▼ -0.08 (-1.23%)
DCL 8.80 Decreased By ▼ -0.16 (-1.79%)
DFML 42.21 Increased By ▲ 3.84 (10.01%)
DGKC 94.50 Decreased By ▼ -2.42 (-2.5%)
FCCL 35.01 Decreased By ▼ -1.39 (-3.82%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 15.47 Increased By ▲ 0.52 (3.48%)
HUBC 127.65 Decreased By ▼ -3.04 (-2.33%)
HUMNL 13.30 Increased By ▲ 0.01 (0.08%)
KEL 5.40 Decreased By ▼ -0.10 (-1.82%)
KOSM 6.95 Increased By ▲ 0.02 (0.29%)
MLCF 43.20 Decreased By ▼ -1.58 (-3.53%)
NBP 58.90 Decreased By ▼ -0.17 (-0.29%)
OGDC 225.40 Decreased By ▼ -4.73 (-2.06%)
PAEL 38.69 Decreased By ▼ -0.60 (-1.53%)
PIBTL 8.23 Decreased By ▼ -0.08 (-0.96%)
PPL 195.94 Decreased By ▼ -4.41 (-2.2%)
PRL 38.18 Decreased By ▼ -0.70 (-1.8%)
PTC 26.17 Decreased By ▼ -0.71 (-2.64%)
SEARL 101.25 Decreased By ▼ -2.38 (-2.3%)
TELE 8.40 Decreased By ▼ -0.05 (-0.59%)
TOMCL 34.74 Decreased By ▼ -0.51 (-1.45%)
TPLP 13.21 Decreased By ▼ -0.31 (-2.29%)
TREET 25.75 Increased By ▲ 0.74 (2.96%)
TRG 69.00 Increased By ▲ 4.88 (7.61%)
UNITY 33.75 Decreased By ▼ -0.77 (-2.23%)
WTL 1.72 Decreased By ▼ -0.06 (-3.37%)
BR100 11,951 Decreased By -145.8 (-1.21%)
BR30 37,159 Decreased By -556.3 (-1.47%)
KSE100 111,014 Decreased By -1401.2 (-1.25%)
KSE30 34,971 Decreased By -537.4 (-1.51%)

The United States believes countries can set a date this week to eliminate agricultural export subsidies, despite EU complaints others have not moved far enough, US Trade Representative Rob Portman said on Friday.
"I hope we can do export subsidies. I think there's still a shot at that," Portman told Reuters in an interview at a World Trade Organisation meeting in Hong Kong, where countries hope to make progress toward a final free trade deal by the end of 2006.
The European Union, which spends more to support its farmers than any other trading partner, agreed in July 2004 to eliminate export subsidies after years of resisting. The United States, Brazil and many poor countries want the EU to agree at the WTO meeting to a 2010 deadline for the cut-off.
"To set a date at this meeting would send a great signal, particularly to the developing countries," Portman said. Brussels, along with Washington, also wants Canada, New Zealand and Australia to reform their state-trading enterprises (STEs) which have monopoly rights to export certain commodities.

Copyright Reuters, 2005

Comments

Comments are closed.