date, progress has been disappointing. Trade negotiators seem to be still postponing the tough decisions, pushing them ever closer to the deadline for the Round. There are costs to this delay. The absence of an early outcome implies lost growth opportunities for rich and poor countries alike, prolonging global imbalances and delaying efforts to accelerate the pace toward the Millennium Development Goals. Failure would cast a shadow over the multilateral trading system and further embolden protectionists, at a time when the world needs cooperation rather than conflict.
International Monetary Fund
marketing@alchempro.com
