It is now apparent that the US is the main culprit in preventing the ten-year-old multilateral trade negotiations known as the Doha Round from being closed this year. America’s rejectionist stance comes from the top of the US government, starting with President Barack Obama’s lack of leadership.
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NEW YORK – It is now apparent that the United States is the main culprit in preventing the ten-year-old multilateral trade negotiations known as the Doha Round from being closed this year. The US has even spurned World Trade Organization Director General Pascal Lamy’s desperate attempt to get member states to support a wholly emasculated agreement – described by critics as Doha Lite and Decaffeinated – which is mainly confined to some concessions to the least-developed countries.