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'Round and 'round we go ...(FOCUS: TRADE)(international trade)
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World Policy Journal
- Article date:
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June 22, 2008
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Copyright informationCOPYRIGHT 2008 World Policy Institute. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The prospects of successfully concluding the Doha Round negotiations of the World Trade Organization (WTO) in 2008 are minuscule. Even a basic agreement on major issues leaving details to be filled in later is highly unlikely. The best we realistically can hope for is an agreement this year on "modalities"--a framework, and little more, for further substantive negotiations. So what's gone wrong with Doha? Simply put, a host of external pressures combined with fundamental impediments have mired the negotiations. Those of us with a stake in the Doha Round need to recognize the increasing complexity of the trade liberalization negotiating process, adjust our perceptions of the ...
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