Things are off to a bad start for relaunching the WTO Doha Round world trade talks. Many commentators give the impression they have not understood the real reasons why talks have stalled. These reasons are twofold: - a) each group of countries taking part in the talks called for excessive concessions from the others; and b) some essential chapters were totally forgotten.
What has been achieved is enough. The United States was being over-pressed to abolish domestic support to agriculture...