This week’s Cotton Newsline is three cuts. All cuts are Dr. Gary Adams, Vice-President of Economics and Policy Analysis for the National Cotton Council.
Suggested introduction cut 1:
The World Trade Organization’s Director General, Pascal Lamy, has offered new text that is extraordinarily damaging to US cotton, and places the overall agricultural negotiations in an entirely new context. According to Dr. Gary Adams, Vice President of Economics and Policy Analysis for the National Cotton Council, the text is part of the draft ministerial text on agriculture.
Suggested introduction cut 2:
The text offered by the WTO Director General states: We reaffirm our commitment to ensure having an explicit decision on cotton on an “early harvest” basis. Adams says this text is in brackets which mean it has not been agreed to, but it will be a point of debate as they move into the Hong Kong meeting.
Suggested introduction cut 3:
Adams says the National Cotton Council will continue to work closely with the US negotiation team and Congressional leaders to counter the Director General’s attempt to misguide the Hong Kong ministerial session.