Saturday, July 21, 2007

EU's Mandelson says WTO draft cuts too deep

(Reuters) - New draft texts on agriculture and industry are a step forward in world trade talks but the range of tariff and subsidy cuts they propose are too tough, European Union Trade Commissioner Peter Mandelson said.

In an interview with Spain's el Economista newspaper on Saturday, Mandelson said the lower end of the proposed range of cuts would not really help the World Trade Organisation reach a free trade agreement.


Read more at Reuters Africa

Tunisair Q2 passenger traffic down 7 pct

(Reuters) - Tunisian flag carrier Tunisair's second-quarter passenger traffic fell 7 percent but turnover per passenger grew, helping maintain overall revenues close to last year's level, the airline said on Friday.

Revenue per passenger from scheduled and charter flights grew 3 percent and 6.7 percent respectively in the April-June period compared with a year earlier.


Read more at Reuters Africa