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MAR DEL PLATA, Argentina, Nov. 5 (Xinhuanet) -- A divided Summit of the
Americas ended its two-day gathering here Saturday with most of the 34 member
states eyeing the upcoming World Trade Organization (WTO) meeting as a chance to
resolve their wrangling over a regional free trade deal.
The 4th Summit of the Americas saw talks on the resumption of negotiations
on creating the US-proposed Free Trade Area of the Americas, or FTAA, stalled
till the end of the meeting, which was extended for hours with little headway.
Venezuela, which is a key crude supplier to the United States but has
developed an increasingly sour relationship with Washington, stood for burying
the FTAA, saying the plan could become a vehicle for US hegemony in the Western
Hemisphere.
Mexico, alongside the United States, maintained that there should be
renewed talks on an FTAA deal next year.
Brazil, Argentina, Uruguay and Paraguay proposed shelving the FTAA talks
for the time being.
According to the document released at the conclusion of the summit, 29
countries agreed to continue the FTAA talks, while the others were not ready to
create the trade bloc.
Despite the head-on clash on the FTAA issue, participants overwhelmingly
wished an opportunity to blow breath into the stalled talks at the WTO meeting
to be held in Hong Kong in December.
The FTAA is awaiting an opportunity based on the progress expected at the
WTO meeting in Hong Kong, rather than a fate of whether being buried or not,
Brazilian Foreign Minister Celso Amorim said on the sidelines of the summit on
Friday.
Amorim agreed with US President George W. Bush that what matters most is
the result of the WTO meeting.
Before coming to the summit, Bush was reported to have placed high hope on
the success of the WTO meeting to reactivate the FTAAtalks.
Jose Miguel Insulza, secretary-general of the Organization of American States,
has also looked upon the WTO meeting in Hong Kong as a glimmer of hope
for moving forward the talks on a largest trading area in the world.
Argentina urged the United States to make concessions during the WTO
meeting on farm subsidies, one of the prickly issues described as "distorting
trade practices" in the final declaration of the Americas summit.
President Bush's father, former President George Bush, first proposed the establishment
of the FTAA in the 1990s and at the first Summit of the Americas in
the United States in 1994, leaders from 34 countries who attended the summit
agreed to set up such a free trade zone, setting January 2005 as the deadline.
However, talks on such a zone have bogged down because of sharp disagreement
between the United States and countries like Brazil, Argentina, Paraguay,
Uruguay and Venezuela.
Argentina and Brazil, both major food exporters in Latin America, have made
it clear that they do not want to join the FTAAas long as the United States does
not remove agricultural subsidies. They complain that Washington's agricultural
subsidies would eliminate the competitiveness of farm products from other
American countries and increase poverty in Latin America.
Venezuelan President Hugo Chavez, an outspoken critic of the United States,
has said the FTAA is "dead" as it only helps large US companies at the expense
of Latin American workers. Enditem |