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August, 2004 - Nr. 8


The Editor
Vorsicht Satire!
Rachel Seilern
Dear Mom
Saying "Good-bye"
KW & Beyond
210. & 150. Jahresfeier
Herwig Wandschneider
Dance Students Graduate
Clinton in Germany
German Fest Milwaukee
Dick reports...
Sybille reports
Ham Se det jehört?
Health Newsletter
From Pensions to Hotels
Anton Kuerti Performs
2004-2005 Season
Cabaret from Leipzig
Chinese Are Coming
Frida Kahlo Remembered
"Best Word" Jury
No German Beer at World Cup
Bundesliga Attendance Tops
Hopes On Klinsmann
Berlin's Olympic Stadium
Lots of Free Time
Free Trade Deal
On The Road
Surf's Up in Munich
Plattduetsche in Long Island
QM2 Stops In Hamburg
Solar Cell Break-Through

Leaders hail free trade deal

  TWIG - German leaders have applauded a breakthrough agreement by the World Trade Organization on guidelines for a legally binding treaty to reduce tariffs and lower trade barriers in agriculture, manufactured goods and services.

The deal sends a positive signal for the world economy and should come as especially welcome news to developing nations that will profit from a commitment by richer countries to slash billion of dollars in trade-distorting farm subsidies, ministers said.

Economy Minister Wolfgang Clement said that the framework accord would revive confidence in the multilateral world trade system after poorer countries rejected calls for new trade rules last September, triggering the collapse of a ministerial meeting in Cancun, Mexico.

"The setback of Cancun has been overcome. A success for the Doha round is back within our grasp," the minister said, referring to the latest round in a series of negotiations that have gradually liberalized world trade over the past half century.

German Development Minister Heidemarie Wieczorek-Zeul said that the framework accord agreed after marathon talks in Switzerland last weekend would go a long way towards ensuring a fair deal for developing nations at the next ministerial round, in December, 2005, in Hong Kong.

"Breaking down trade barriers is an essential precondition for fighting poverty in developing countries," she said.

Germany had been a staunch proponent of moves to reinvigorate free-trade negotiations before the upcoming U.S. elections and the establishment of a new EU commission.

"This success strengthens the multilateral world trade system and the free trade that Germany is especially dependent upon as an export-oriented country," noted Economy Minister Clement.
Republished with permission from "The Week in Germany"


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