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FTAA OBSTACLES SHOW AT MIAMI MINISTERIAL MEETING
26 November 2003

The United States wants to fashion a Free Trade Area of the Americas agreement which is comprehensive, hemispheric and lasting. The public in many countries is increasingly skeptical about the benefits of such an agreement. Agricultural subsidies in developed countries can pose significant barriers to agricultural prosperity in developing nations. Argentina and Brazil in particular demand that there be an arrangement through which countries adversely affected by such policies would receive compensation or special consideration in bilateral agreements.

Ambassador Ross Wilson, chief American negotiator for the FTAA, addressing the Center for Strategic and International Studies, yesterday, noted that recent free trade meetings in Cancún and Miami could be viewed as setbacks to the liberalization of trade throughout the hemisphere. Argentine Ambassador to the US, José Bordón, noted his hopes that Miami would have been a great "opportunity to speak frankly" about the nature of trade relations and the need to consider the difficulties of domestic economic considerations in many countries.

Wilson specified that there could be no negotiation on the topic of providing "compensation", saying that such was not of interest to the US. Bordón said that this was the only real point of contention and that it would be necessary to find a word which properly expressed the aspirations of those who seek "compensation". He also state that no FTAA agreement could be allowed to unfairly or unwisely protect inefficient policies and structures, which might be to the long-term detriment of all parties. Bordón added that without addressing issues of balance in hemispheric negotiations, the "Doha Round" of trade talks would remain off-track.

The Argentine Ambassador referred to ongoing public debate in many countries, and said it was important to respect that democratic principles and structures were a necessary and integral part of free trade negotiations. Not only "compensation", but also "flexibility" remain disputed terms among FTAA negotiators. [Más información: MAGIC]

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