BEIJING (XFN-ASIA) - Commerce Minister Bo Xilai said the Doha Round of trade talks appear to be at a “dead end” because of the US and EU.

Speaking to reporters at a news conference, Bo said that the talks have addressed issues of concern to developed countries such as the protection of intellectual property rights, but he noted that progress has not been made on farm aid.

“Developing countries are most concerned about farm trade and services,” Bo said.

He added that it was developed countries such as the US and members of the EU that were impeding progress.

The talks under the World Trade Organization (WTO) were suspended last year amid a bitter dispute between Europe and the US over farm tariffs and subsidies.

Bo said China has already opened up much of its service sector to the outside world, adding that Beijing does not expect special treatment from the WTO.

“We do not expect to enjoy a free lunch at the WTO,” he said.

will.davies@afxasia.com

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