Friday, July 25, 2008

Doha mini update

From Bridges (emphasis mine): 
"The next 24 hours will determine whether governments can rescue WTO talks from the brink of collapse, officials said Thursday evening.

A crucial day lies ahead for the ongoing attempt to strike framework deals on liberalising agricultural and industrial trade. Discussions have been largely stalemated since they started Monday, and negotiators are under increasing pressure to find common ground -- and soon -- or potentially face the breakdown of the troubled Doha Round. 

'Tomorrow is the day in which we will know if it's possible or not,' Brazilian Foreign Minister Celso Amorim told reporters Thursday night. "We're doing our best. It's not easy, but we're trying.'"
Do read the whole analysis: for trade reporting, Bridges is peerless. But the talks have predictably come down to the wire and today's the day we see whether they can cut a deal. Stay tuned.

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