While the EU had high expectations of the 14th WTO Ministerial Meeting, held between 26 and 29 March in Yaoundé (Cameroon), its outcome was seen as a further admission of failure for multilateralism.
“Today, supporters of the multilateral trading system are waking up with a hangover”, lamented Bernd Lange (S&D, German), head of the European Parliament delegation in Yaoundé.
After long days of negotiations, few major trade issues were resolved, against a backdrop of prolonged...