Robert Baldwin, 11 March 2009

The WTO talks broke down last year over a highly technical issue – the Special Safeguard Mechanism in agriculture. This column highlights a flaw in the proposed mechanism. It also argues that fear of a retaliatory process in today’s recessionary climate should drive leading developed and developing trading countries to negotiate new rules aimed at preventing such an outcome. Within this larger framework, the technical sticking points holding up Doha negotiations may be settled quickly.

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