The Doha Round of global trade talks recalls the classic Monty Python sketch in which a customer holds up a dead parrot in a cage while the shopkeeper insists that the parrot is only “resting.” Given the stakes for the global economy, the parrot must be revived.
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NEW YORK – The Doha Round of Multilateral Trade Negotiations (MTN) is the first negotiation to take place under the auspices of the World Trade Organization (WTO), founded in 1995. The eight previous rounds of global trade talks were conducted under the General Agreement on Tariffs and Trade (GATT), following its creation in 1947.