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GENEVA/ISTANBUL - Turkish State Minister Kursad Tuzmen returned to Turkey from Geneva, Switzerland where he attended the meeting of the World Trade Organization (WTO).
Replying to a question on WTO states' failure to break a deadlock in global free trade negotiations, Tuzmen said that if an agreement could not be reached by the end of July, it would cause a negative situation for WTO.
Tuzmen said that rich WTO states should take steps on farm trade to break deadlock.
Developing countries said concessions by the rich WTO states on farm trade are a condition for them to cut industrial tariffs, the other half of a hoped-for bargain in Geneva. But rich state demands on manufacturing were excessive.