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10/18/05

Forbes.com: France says EU proposal on farm trade tariff cuts may be acceptable

Forbes.com

France says EU proposal on farm trade tariff cuts may be acceptable

France softened its criticism of the EU's offer to cut import duties on agricultural products by 20-50 pct, saying EU Trade Commissioner Peter Mandelson's proposals may be acceptable, even if barely so. 'The proposals he has made leaves us think that he is at the limit or slightly beyond the desirable limits,' French Trade Minister Christine Lagarde said in an interview with the daily La Tribune. Last week, President Jacques Chirac Chirac called for a 'reorientation' in the EU stance 'in order to come back to the spirit of Doha and to reach in 2006 a balanced deal that is acceptable to France,' according to his office.

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