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Correcting Misperceptions

Courtesy Reuters

WINDING UP, WINDING DOWN

Concluding multilateral trade negotiations has never been easy (I still bear the scars from the end of the Uruguay Round), and the Doha Round will be no different. Much depends on the compatibility among negotiators, between the dossiers they negotiate and their real commercial interests, and among an ever-widening circle of stakeholders. Separating politics from true economic interest is nearly impossible, and yet it must be done if Doha is to achieve something worthwhile and especially its development goals.

Perhaps the Doha Development Agenda was launched at the wrong time, with the wrong agenda, and partly for the wrong reasons. That question is for the history books. In the meantime, the ministerial conference of the World Trade Organization in December will determine whether something valuable can be secured from the initiative. I believe such an outcome is possible, but to achieve it many governments will have

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