Chirac threatens to veto world trade deal (Sophie Louet and William Schomberg, 10/27/05, Reuters)
French President Jacques Chirac warned Europe’s leaders on Thursday he would torpedo a global trade deal if EU negotiators made further sacrifices in farm protection measures to keep the talks alive.
A day before Brussels tries to revive negotiations by putting a revised farm offer to key trading nations, Chirac told EU leaders Paris was prepared to exercise its veto right to block the required unanimous European approval of any agreement.
Chirac told a news conference he had made clear at a summit that France reserved the right not to approve any agreement that went beyond a 2003 reform of Europe’s agricultural spending.
“It’s out of the question for us to take any further step,” he said. “It’s a red line of what would be acceptable for us.”
Why not just drop France from the deal and let them subsidize the whole world’s truffle consumption, or whatever they grow there?