This Reuters article suggests it might not.
The Hive wonders why India, Brazil, EU would make any concessions when there is no certainty around the outcome of consideration of the final deal by the US system. Even the most optimistic commentators - eg WTO D-G Lamy admit that the current US Administration doesn't have the time to get the deal through the US ratification requirements (Bush does probably have the time still to sign a deal). Is anyone brave enough to predict with certainty who the next US President will be?
