Is Doha Round over?

Is Doha Round over?

After 14 years of talks, members of the World Trade Organization have effectively ended the Doha round of negotiations. ... At a meeting of the W.T.O. in mid-December in Nairobi, trade ministers from more than 160 countries failed to agree that they should keep the negotiations going.

Why is the Doha Round stalled?

Despite initial optimism, the negotiations stalled early in the process as tension and disagreements between major trading countries in the developed and developing world impeded progress. In the ensuing years, while the negotiations at times showed signs of life, for the most part expectations remained low.

How did the Doha Round end?

There was refusal of agreement regarding safeguard measures provided to developing countries. After this, the negotiations lay dormant for 7 years. It wasn't until 2015 in Nairobi that the Doha Rounds finally came to an end. A pact was signed in Nairobi that came at the criticism of global onlookers.

David Miller
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David Miller

David Miller brings 15 years of experience in global economics, personal finance strategy, and market dynamics. He specializes in turning complex economic trends into actionable insights for everyday readers.