Jun 7, 2008

US Warns That WTO Round Could Collapse

The US Trade Representative Susan Schwab has warned that the WTO Round could collapse unless major developing countries offer significant new market openings.

She is however hopeful that all members will start re-engaging in Geneva with a renewed sense of urgency and that this would allow a Ministerial meeting in early July.

This from the Guardian....

Update : Brazil's trade minister denies that developing countries are holding up progress in the round.