Pascal Lamy says that this weekend is a “moment of truth” for the Doha Round negotiations. Dozens of ministers are gathering in Geneva in a run-up to a meeting Monday. The G8 summit put out lots of “now is crucial” statements, but we’ve heard those so many times that Emmanuel dubbed Pascal Lamy to be Don Quixote.
Alan Winters says that the Doha Round agricultural negotiations are basically done, but all the other issues are far from a deal. He partly blames the large industrial lobbies’ loss of interest in WTO negotiations.
Addendum: Jeff Schott: “Dismiss the faint hopes of trade officials that the Doha Round can conclude in 2008. The window for doing so closed months ago.”