US welcomes EU initiative on export subsidies

USTR Zoellick’s “statement(pdf file about 10k)”:http://ustr.gov/releases/2004/05/2004–05-10-statement-doha.pdf says, in part, bq. “The Unit­ed States has not­ed it will sup­port the EC’s move by agree­ing to nego­ti­ate a par­al­lel elim­i­na­tion of the sub­sidy ele­ment with­in export cred­its, and to nego­ti­ate dis­ci­plines on food aid to pre­clude dis­place­ment of com­mer­cial sales. “(“USTR”:http://ustr.gov/releases/2004/05/2004–05-10-statement-doha.pdf)

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