EU draws trade strategy before WEF meeting | india | Hindustan Times
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EU draws trade strategy before WEF meeting

The EU Trade Commissioner said the group must be granted greater access to foreign markets if an international trade deal is to be reached.

india Updated: Jan 23, 2006 18:17 IST

European Union Trade Commissioner Peter Mandelson was to outline the bloc's strategy Monday for ongoing WTO efforts to forge a global trade pact by the end of the year.

At a speech in Berlin, Mandelson was to address the EU's strategy for completing the Doha trade round, named after Qatar's capital, where it was launched in 2001 to particularly address the concerns of poorer nations.

The speech comes ahead of a new round of talks this week at the World Economic Forum in the Swiss ski resort of Davos, where the EU is expected to face pressure to open its own markets.

In a BBC radio interview earlier Monday, Mandelson said the EU must be granted greater access to foreign markets if an international trade deal is to be reached, saying it was others who should shift their positions.