Financial Times FT.com

Lamy plan spurs optimism at Doha talks

By Alan Beattie in Geneva

Published: July 25 2008 23:24 | Last updated: July 25 2008 23:24

Unexpected signs of progress emerged last night from the fifth day of tense negotiations among trade ministers as they struggled to revive the Doha round of world trade talks.

A five-hour meeting between the seven negotiating partners at the core of the talks – India, China, Japan, Australia, Brazil, the US and the EU – agreed to move matters forwards on the basis of a plan proposed by Pascal Lamy, the World Trade Organisation’s director-general. But negotiators stressed that the plan provided only the broad basis for an agreement, and that big differences remained.

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