|
|||
|
| ||||||||||||||
Trade summit opensNine protesters hurt in minor scuffles with police
HONG KONG, China (CNN) -- Delegates and demonstrators descended on Hong Kong Tuesday as economic leaders convened to try and forge a global trade pact. Minor injuries among police and demonstrators were reported from scuffles outside the Hong Kong Convention and Exhibition Center, as trade ministers inside began trying to find middle ground between wealthy and developing nations. Armed with bamboo sticks, the protesters had tried to ram a roadblock in the Hong Kong district of Wan Chai, and police responded with pepper spray. Earlier, thousands of anti-globalization demonstrators marched through the streets of the former British colony carrying anti-WTO banners and banging drums, and some even jumped into Hong Kong harbor wearing life-jackets. Inside the Hong Kong convention center where the meetings are taking place, there was no sign the ministers would break their stalemate over cutting subsidies and import tariffs, which has pitted rich countries against poor. In a speech delivered in his name at the opening of the summit, U.N. head Kofi Annan said the time had passed for "brinkmanship," and it was time to lift millions out of poverty. This was a view echoed by WTO director-general Pascal Lamy who said it was time to be "bold" and "open-minded." So many challenges face the WTO summit that trade officials and economic analysts already are saying expectations should remain low over any deals brokered at the Hong Kong summit. (Full story) The Hong Kong summit follows WTO meetings in Seattle, United States (1999) and Cancun, Mexico (2003) that saw little substantive agreement on a trade pact. "We did not have a successful ministerial meeting in Cancun and to have two failed ministerial meetings in a row is going to destroy the credibility of the multilateral system," said John Tsang, chairman of the WTO Conference. "If we miss this time, it's going to be years before we can come back to this." Still, negotiators hope to lay the groundwork while in Hong Kong to establish a global trade deal sometime next year. Rich-poor divideThe WTO's member nations have debated for years the best way to promote free and fair trade, something the World Bank says could add $300 billion to the global economy. The current round of WTO talks -- the "Doha Round" that was launched in 2001 in the Qatari capital, was organized to address the concerns of poorer nations. On Monday, Nobel laureate Joseph Stiglitz and the European Union urged leaders at the WTO summit to pass a pact that helps poorer nations. (Full story) The major issues at the Hong Kong summit include opening farming and service industries to international competition, analysts say. (The issues) Wealthy countries such as the United States and United Kingdom want developing nations to open telecommunications, tourism and banking to international companies. "If markets deregulate, that will help us expand in those markets, and again, if there will be further adjustments and deregulations to markets, that generally means an opening up of the economy and basically means the economy will grow as a result," said Mike Smith, president and CEO of HSBC bank. But developing nations like India want wealthier countries to cut the billions of dollars allocated for farm subsidies. Poorer countries say their farmers cannot compete against subsidized industries. The United States says it will cut subsidies if other nations follow suit. But the European Union so far isn't budging. India and Brazil, for their part, say they'll cooperate, but only if richer nations do the same. "The WTO has now become a platform for quarrels," said Wang Kangmao of the East China University of Politics and Law. "People are now frustrated and are simply taking their regional view. So there is nothing leftover for the WTO." Hong Kong prepares for thousandsSome 6,000 delegates are expected to attend the conference, along with 2,000 non government organization members and 3,000 journalists. Authorities also expect as many as 10,000 protesters on the streets. On Sunday, about 4,000 activists held a peaceful march through downtown, chanting slogans and holding up banners that read, ''Stop the WTO'' and ''Our World is Not for Sale.'' Organized protests also are scheduled for Tuesday and on Sunday, the days the summit opens and concludes. The WTO gatherings tend to be a flashpoint for violence, often when activists are confronted by riot police. Two years ago at Cancun, protesters cut through metal barricades, battled with police and threatened to storm the meeting hall. One Korean farmer stabbed himself to death. At the summit in Seattle, five days of riots inflicted millions of dollars of damage to the city. Police arrested 500 people. Hong Kong authorities have set up a variety of security precautions, blocking off access to roads near the conference site, setting up barricades and enclosing pedestrian walkways in nets. The Associated Press reported that local authorities have glued bricks into the sidewalks to prevent protesters from pulling them up and throwing them. South Korean activists, known for joining in fierce battles with riot police and for dramatic gestures including committing suicide to highlight their causes, warned they planned to escalate their protests as the WTO meeting progresses. (Full story) CNN's Eunice Yoon contributed to this report. Copyright 2005 CNN. All rights reserved.This material may not be published, broadcast, rewritten, or redistributed. Associated Press contributed to this report.
|
| |||||||||||||
| © 2007 Cable News Network LP, LLLP. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Read our privacy guidelines. Contact us. Site Map. |
|