The World Trade Organisation has postponed next week's key negotiations on liberalising the trade in agriculture, a trade source said today.
A new date for the meeting of trade negotiators, which was meant to be held on July 14-16, will be announced as soon as possible, the source added.
The chief negotiator, ambassador Tim Groser of New Zealand, was said to need more time to draft a compromise document outlining the way forward for the agriculture talks.
Groser needs to take account of the outcome of other meetings involving some of the most powerful members of the 147-nation WTO in the next few days. Australia, Brazil, the EU, India and the US are due to meet in Paris over the weekend to narrow down a potential compromise on agriculture.AFX European Focus: