GORDON Brown has come in for criticism for his recent forays into policy matters not directly related to his responsibilities as Chancellor of the Exchequer. Yesterday, however, he launched an initiative on a subject that is very much his own, the breakdown in the so-called Doha round of trade talks which if not mended in the next six months could lead to a new era of sterile protectionism in world trade. He called for bold and concerted action to restart the Doha talks and a willingness by Europe, the United States, Brazil and India to make far bigger concessions than they have previously over farm subsidies, industrial tariffs and access to service markets. The Doha negotiations are primarily a matter for governments but in a bid to underline the risks inherent in what he calls a dangerous global log jam Mr Brown has enlisted the suppport of ten leading international businessmen, from Lord Browne of BP to Lee Scott, the president of Wal-Mart, whose joint letter to The Times yesterday said that failure to make progress would signal a victory for protectionism in Europe and the United States and risk the loss of millions of jobs. Political leadership is now essential said the businessmen in their letter. That is precisely what Gordon Brown is providing. He is in Brussels today for discussions with EU finance ministers, Ed Balls the Treasury Minister is travelling to Japan and Alistair Darling, the Trade and Industry Minister will visit Brazil and India.
The content of comment is the opinion of users and netizens and not of mallorcadailybulletin.com.
Comments contrary to laws, which are libellous, illegal or harmful to others are not permitted');
mallorcadailybulletin.com - reserves the right to remove any inappropriate comments.
Please remember that you are responsible for everything that you write and that data which are legally required can be made available to the relevant public authorities and courts; these data being name, email, IP of your computer as well as information accessible through the systems.