The Doha round of trade negotiation at Geneva was put off on July 24, 2006, after the meeting of Ministers from six major trading nations, the EU, the US, Australia, Brazil, India and Japan — the so-called G-6 failed to bridge their differences. Thesuspension halts all negotiation currently underway at the WTO. Surprisingly, this should have happened only a week after heads of the States from leading industrialised and developing countries vowed at the G-8 summit in St. Petersburg to show greater flexibility in the trade talk. To understand what and how Doha round failed at Geneva, what many are calling the most serious crisis in WTO's long history, one needs to go to the genesis of the Doha Round.
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