Sunday, April 13, 2008

No more beating about the Bush

No. I wasn't imagining it - I have checked the text. George Bush has said in stronger language than I have ever heard that the US will give up agriculture subsidies if Europe does the same.

In a pre-recorded interview to be shown on Britain's ITV1 channel tonight he told Trevor McDonald: "Let's get rid of ALL (my capitalisation) subsidies together. Let's join hands as wealthy industrialised nations and say to the world, we're going to get rid of all our subsidies together".

When the interviewer said: "So you would if they would, because at the moment, for example...", the president interrupted to say "Absolutely" and when Mr McDonald asked him further whether that included subsidies of $230 (£130.7bn) per acre of cotton grown, the president repeated "Absolutely".

The EU often issues similar challenges. So what is holding things up? Why can't the G8 meeting at Gleneagles in Scotland this week agree that they agree and set out a timetable for the removal of all agriculture subsidies?

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