21 countries hope to compete against
financial powers such as the European Union and the United States, who can
afford huge subsidies for their agricultural products'
Another issue that is a great concern for the G-21 countries is the
problem of steel products and the new, higher tariffs that the United
States have found appropriate to raise in order to protect their steel
industry. What is the point of continuous negotiations for lowering taxes
on imported products when, on the other hands, the likes of the United
States can, by themselves, raise taxes on a product that is essential to
many of the G-21 countries industrial national production' As high
officials from the IMF, the WTO and the World Bank, including Horst Kohler,
Mike Moore and James Wolfensohn, have asked themselves: "How can leaders in
developing countries argue for more open economies if leadership in this
area is not forthcoming from wealthy nations'". Shouldn't encoura
...