Financial Times FT.com

Interim Doha deal proves elusive

By Frances Williams in Geneva

Published: June 29 2006 18:57 | Last updated: June 29 2006 18:57

Ministers trying to thrash out a crucial interim deal in the Doha global trade round on Thursday damped hopes of an agreement this weekend, with little sign key players were ready to make the difficult concessions required.

The European Union on Thursday went further than before in signalling its willingness to make bigger cuts in farm tariffs, provided the US improved its offer to reduce domestic farm subsidies and larger developing countries agreed to lower tariffs on industrial goods.

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