France backed into a corner at G8.

Posted by | July 03, 2005 | Uncategorized | No Comments

Read the small print and you can see that there has been some horse trading for the G8 agenda and that France looks like the loser over Africa, instead of the US over Global Warming.

In exchange for compromize on Global Warming, the US has agreed to fair trade concessions for Africa – this completely turns the tables on France where farm subsidies can no longer been seen as socialist in terms of the global view.

"On the other major issue to be discussed at the summit, African aid and debt relief, he signalled he was ready to abandon US farm subsidies, which have unfairly distorted the market for African farmers.

But he said he would only do it, if the European Union was prepared to scrap its Common Agricultural Policy.

"We've got agricultural subsidies, not nearly to the extent that our friends in the EU have," he said. "

Clearly that last sentence has come from Bush at Blair's request.
link »

tags: []

posted via Wists: permamark