BBC News | Trade Observatory | Sept. 12, 2003:
World trade talks are hanging in the balance as negotiators
attempt to break the deadlock on farm subsidies. As
a third day of discussions gets underway in Cancun,
Mexico, the United States and Europe is again expected
to clash with a bloc of developing nations bent on re-writing
world trade rules.
The EU and US say poorer countries must agree to broader
legal and commercial reforms in return for any concessions
Observers say there is little chance of progress on
other issues at Cancun until this has been resolved.