Behind the July failure of the WTO talks on Doha

  • 15/08/2008

  • Economic and Political Weekly

A gross imbalance in the World Trade Organisation proposals in agriculture and industry explains why the latest attempt in July to achieve a breakthrough in the Doha round collapsed. The US demand that developing countries institute a stringent special safeguard mechanism in agriculture that would make it different for developing countries to protect themselves against import surges was not the only obstacle. There was the US farm subsidy issue, the cotton issue, the industry tariff proposal issue and more, on none of which a majority of the developing countries were ready to accept the US/EU position. What next for the Doha round, which was launched way back in 2001?