In these waning weeks of 2007, the future direction of global trade policy has reached a critical juncture. The so-called Doha Development Round of World Trade Organization talks has stalled over agricultural subsidies and industrial tariffs. While some trade representatives still express confidence that a new agreement can be reached, others warn that the divisions between rich and emerging nations are so wide that the negotiations, which began in 2001, are doomed to failure.
展开▼