Home breadcru News breadcru Association/Org breadcru "Financial crisis wake-up call"- Pascal Lamy, WTO

"Financial crisis wake-up call"- Pascal Lamy, WTO

13 Nov '08
9 min read

After seven years of negotiations, we have come a long way in our collective endeavour. My sense is that we are not that far away from our objective of concluding the Round, even if a number of tough nuts remain to be cracked, notably in the agriculture and industrial modalities, which would be a stepping stone towards a final Doha deal.

My sense is that we can achieve modalities in these two areas by the year-end. I remain of the view that it is doable. And it is also even more desirable now than a year ago. But we now need to do it. The process to get there is the very good old recipe of bottom-up, transparency and inclusiveness. But above all, a common desire to mitigate the impact on your people of the severe deterioration of their economic, and hence their social, conditions."

World Trade Organisation

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!