Doha's demise, and the prospects for resurrection


This paper considers Tuesday's failure in world trade talks and outlines the three important sets of issues that have been raised by this latest collapse in negotiations.

"Sadly, it’s hardly a surprise that the Doha Round of trade talks has collapsed. The immediate cause of the breakdown seems to have been failure to reach agreement on the operation of a so-called special safeguard mechanism for developing countries. This would have allowed them to raise agricultural tariffs in response to sharp movements in prices or imports."

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