The World Trade Organisation Doha Development Round will not die despite yesterday’s (29 July) collapse in ministerial talks, the WTO told just-food.
That was the overwhelming consensus of opinion at a meeting of the WTO’s trade negotiations committee (TNC), which makes the formal decisions about the round.
WTO director general Pascal Lamy said: “All members need now to seriously reflect about if and when we can jump the obstacle” left by the collapse – special food tariffs for developing countries. He was “convinced that there will be a next time” for a Doha ministerial meeting.
A WTO official told just-food a decision on the next steps would be discussed at the next TNC committee meeting, in September. However, few speakers at today’s meeting called for a swift return of trade ministers to Geneva, now unlikely until January’s establishment of a new US administration.
Meanwhile, the WTO talks committee chairs are drafting reports to preserve the agreements on the many issues settled this and last week.

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By GlobalData