Vince Cable comments on Doha Trade deal
Vince Cable responds to business leaders on the Doha Trade agreement.
International business leaders have .
In response, Business Secretary Vince Cable said:
鈥�2011 is the make or break year to finalise the Doha round of trade negotiations. A conclusion of these talks would deliver a 拢110 billion boost per year to the global economy; act as a safeguard against future protectionism, and allow substantial improvement of business transparency and security.
鈥淐oncluding Doha would ensure a reduction of the cost of inputs and moving goods across borders, allowing multinational firms to reorganise their international supply chain more efficiently, cut costs and increase profits.
鈥淣o other trade deal offers such opportunity to reduce drastically global barriers to trade. This is why we are committed to pushing for a conclusion of the Doha round by the end of this year.鈥�