World’s main trading nations remain divided on global agreement: Doha Round doomed?

Saturday, May 14th 2011 - 05:07 UTC

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The world's main trading nations remain divided over a global trade deal despite a compromise plan put forward by the European Union to rescue the stalled Doha trade round, the EU trade chief said. Read full article

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GeoffWard
With the world in a turmoil of post-apocalyptic financial restructuring,

with the impact of moving the larger fraction of world manufacture to one (albeit large) country,

with the revolutionary movements in world-economy-driving oil-rich nations,

with the frantic sequestering of the world's raw mineral materials,

with the great bread-basket countries of the world balancing food production with 'ethanol growth',

with the breakin of the power of the formal trading blocs and their replacement with (ad hoc) bilateral, multilateral Free Trade Agreements and Preferential Trade Agreements,

with tariff barriers erected all over the world to protect industries and countries in their weakness,

with global climatic and weather patterns changing the very face of the earth for human populations,

. . . . . . . . . is it any wonder that the Dohar main agreement and even the EU revision (the art of the possible) are making such little headway.

The river of world affairs is flowing so hard that it is sweeping matters before it.
It is like the Mississippi in flood - levees break or are broken, and some get sacrificed and inundated whilst others keep their feet dry.

Our politian negotiators have as much chance as Canute would have with the Mississippi.
May 14th, 2011 - 01:04 pm - Link - Report abuse 0
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