Global Trade Talks Collapse


There was a sense of inevitability about the latest collapse in global trade talks. Negotiators, meeting in Geneva, had seemed optimistic a few days earlier, hopeful of a breakthrough in the seven-year-old Doha round. But as so often, hope was no match for the strength of entrenched positions. After the breakdown, there were the usual murmurings that trade ministers might get together again to salvage something from the wreckage. But most observers found it hard to escape the conclusion that, this time, Doha really was dead.

This round of trade negotiations was supposed to be about "development," which...

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