The agriculture negotiations at the WTO hit a snag lastweek when the formal meeting had to be suspended over a 'misunderstanding' on what seemed to have been an agreement on how to treat the issue of converting non-ad valorem duties into ad valorem equivalents (AVEs).(M. Khor)
As the competition to become the next head of the World Trade Organisation heats up, all indications are that Pascal Lamy, former European Union Commissioner, will prevail.
