Shipbuilding Subsidy Talks Paused

Monday, October 03, 2005
Senior government officials meeting in Paris agreed to a pause in their work on an agreement to tackle market-distorting measures in the shipbuilding industry. The pause will provide participants with an opportunity to explore the scope for advancing the talks in key areas and to strengthen the industry support required for the negotiations to succeed.

The decision was made at a high level meeting of the Special Negotiating Group on a new Shipbuilding Agreement. Attended by officials from 26 OECD and non-OECD economies, the meeting was called by the Chairman, Switzerland’s Ambassador to the OECD, Wilhelm Jaggi, in an effort to deal with a number of key issues where blockages had developed in the course of the normal negotiating process. The meeting at high level was expected to enable some political judgements to be made in order to establish whether there was political support among governments for the successful conclusion of an agreement.

Among the issues particularly identified as requiring serious negotiation was achieving the right balance between the support measures discipline and differential treatment for developing and emerging economies, and whether some clauses related to pricing should be included in the agreement.

Following frank and open discussions during the meeting, the Chairman concluded that there was insufficient common ground for the successful conclusion of an agreement, in particular with regard to the issue of pricing.

He then proposed a pause in the negotiations in order to allow the parties to reflect on their positions, to talk to each other and to observe developments in the market. He suggested that the negotiations could be resumed when the conditions for success had improved.

The delegates at the high level meeting accepted this proposal by the Chairman, who then decided to pause the negotiations. A new date for the negotiations will be fixed when key participants indicate that they are ready to resume.

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Liberian Registry Appoints Catsiba Manager in Dubai

Fay Catsiba has joined the Liberian International Ship & Corporate Registry (LISCR) as Business Development Manager based in Dubai, U.A.E. Greece-born Fay, who

Cook Joins Horizon Shipbuilding as Operations VP

Horizon Shipbuilding, Inc. announced that Mickey Cook has joined the corporation as the Vice President of Operations for the Bayou La Batre shipyard. Cook, one of the founders of C & G Boatworks,

Mercury Marine Launches Repower Financing

Mercury Marine launched a new repower finance program that aims to make it easier for consumers to get the engine performance they want with flexible financing for a broad range of buyers.

Shipbuilding

Austal Delivers Fourth JHSV to the US Navy

The U.S. Navy accepted delivery of USNS Fall River (JHSV 4) from Austal USA yesterday, a week shy of six months from the date they took delivery of JHSV 3. This

Cook Joins Horizon Shipbuilding as Operations VP

Horizon Shipbuilding, Inc. announced that Mickey Cook has joined the corporation as the Vice President of Operations for the Bayou La Batre shipyard. Cook, one of the founders of C & G Boatworks,

Survey Vessel Delivered to Fugro N.V.

Fugro Pioneer is the second of three vessels to be delivered to Fugro in 2014. Fugro has taken delivery of the second of the three Fugro Offshore Coastal Survey

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Salvage Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2670 sec (4 req/sec)