The 28th of July, the WTO General Council supported Pascal Lamy’s proposal to suspend the ongoing Doha negotiations across the Round as a whole. The member countries had not reached a compromise that would have matched the expectations of the major actors: the U.S., the G20 led by Brazil, the European Union and the G90. An assessment of the gains potentially associated with the compromise contemplated by the negotiating parties sheds light upon the reasons of the current impasse. It shows that some Members were to get nothing from an agreement characterised by a low level of ambition, even though the induced concessions would have had an important political cost. The resumption of the negotiations will impose them to widen their scopes.
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Article provided by CEPII research center in its journal La Lettre du CEPII.