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Hong Kong is offering to
mediate the just-collapsed
Doha trade liberalization
talks. Disagreement over the
politically-loaded issue of
agricultural subsidies once
again forced a breakdown. Hong
Kong's director-general of
trade and industry, Raymond
Young, says the S-A-R -- which
hosted the last round of Doha
negotiations here -- has a
"moral high-ground" on free
trade that allows it to play
the role of "honest broker."
He said the
administration still hopes the
talks can resume. In a related development,
China has urged WTO members to
work towards a resumption of
world trade talks, saying
their recent collapse was a
setback for everyone. Ministry
of Commerce spokesman Chong
Quan said China was willing to
work with all sides to
relaunch the process as soon
as possible.

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