AFP - World Trade Organisation chief Pascal Lamy said Monday that he was against inviting ministers to a meeting in March which is aimed at driving forward negotiations for a global trade liberalisation pact.
World Trade Organisation chief Pascal Lamy said Monday that he was against inviting ministers to a meeting in March which is aimed at driving forward negotiations for a global trade liberalisation pact.While acknowledging that political commitment was needed to conclude the Doha Round of talks, Lamy also assessed that it was "too early" to call on ministers to make such a push at the end of next month.
World Trade Organization chief Pascal Lamy warned Monday that time was running out for the conclusion of a global trade liberalisation pact as more than 100 ministers met to discuss prospects for global commerce.But the United States, seen as critical to breaking the eight-year stalemate in the Doha round of global trade talks, assured the Geneva meeting that it was prepared to "move into the end game" of the negotiations.World leaders have pledged to conclude the Doha Round of global trade negotiations by 2010, but little progress has been made.
The Doha Round of trade liberalisation talks is at an "impasse," the head of the WTO said on Thursday, as the United States urged Brazil, China and India to help break the deadlock."We are in an impasse," World Trade Organization director general Pascal Lamy said after informal talks with trade ministers on the sidelines of a meeting of the Organisation for Economic Cooperation and Development in Paris.