Archive - Jul 27, 2006

Questions, concerns abound in aftermath of WTO failure

26 July, 2006
A few days after the collapse of negotiations at the WTO, delegates of many developing countries are pondering over several issues that have emerged over the proposal, mooted by WTO director general Pascal Lamy and supported by the Ministers of the G6 members, to suspend the Doha negotiations across the board.

WTO General Council officially suspends talks indefinitely

26 July, 2006
In Geneva, on Thursday, at the request of WTO Director General Pascal Lamy, the ambassadors of the 149 WTO member nations, meeting in General Council, officially agreed to suspend Doha Round talks indefinitely after the stalled meeting on 24 July when the major G-6 trading powers (EU, United States, Brazil, India, Australia and Japan) were unable to reach a compromise on the modalities (figures and other provisions) for trade liberalisation in agricultural products and non-agricultural manufactured articles (NAMA).