Brazil, India offer trade deal to G-7.(Main)

Byline: GRAHAM BOWLEY New York Times

LONDON - The Group of 7 of the world's leading industrial nations threw their weight behind further trade liberalization on Saturday and called for "renewed momentum" in negotiations to prevent a breakdown in global trade talks at a meeting set to begin Dec. 13 in Hong Kong.

At a meeting here, Brazil and India issued an unexpected offer of fresh concessions to the leading industrialized countries, offering to open their markets further to industrial goods and services. But this offer, they said, was conditional on the United States and European Union further dismantling protection of their own agricultural markets. …