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Australia will meet with the United States, the European Union, India and Brazil for trade talks in Sao Paolo this weekend. The key discussion point will be working through a system that could be acceptable to the World Trade Organisation's 148 members to slash agricultural protection.

* India and Brazil are members of the G20, a group of large developing countries that effectively stymied the last meeting of trade ministers in Mexico last year.

* The EU and US have proposed a hybrid system to rein in tariffs on agricultural products, but Australia and other agricultural nations believe it does not go far enough.

SUMMARY

Australia, U.S., E.U., India & Brazil to meet for trade talks in Sao Paolo this weekendAsia Pulse: