Jan 22, 2008

WTO: Doha Outcome Still Possible in 2008

A meeting yesterday between the EU and US Trade Ministers suggests that an outcome from the Doha Round may still be possible in 2008. Both seem hopeful that the meeting of Trade Ministers in Davos on Saturday will settle the way forward.

As we have noted previously, the big problem area for these negotiations seems to be tariffs on industrial goods, not agriculture. On that front there is a Reuters report out suggesting continuing problems.