U.S. Business Sees Doha Trade Deal Momentum in 2011 |
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July 16, 2010
Trade is moving back up the U.S. political agenda and there is scope to reach a deal next year in the long-running Doha round and other stalled trade negotiations, industry lobbyists said on Friday.
Trade is moving back up the U.S. political agenda and there is scope to reach a deal next year in the long-running Doha round and other stalled trade negotiations, industry lobbyists said on Friday.
But to get the backing of business, a Doha agreement must be more ambitious than what is currently on the table, said Christopher Wenk, senior director for international policy at the U.S. Chamber of Commerce.
"2011 is going to be a big year for trade in the U.S.," Wenk told reporters, saying the year would see action on free-trade deals between the United States and South Korea, Colombia and Panama, as well as a strong push on the Doha negotiations as part of President Barack Obama's exports initiative.
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