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Recent WTO News
(Click here for older stories by date)
Neither a Victory for the North, Nor a Loss for the South December 15, 2001 With the debacle of Seattle looming large, the negotiators were under pressure to come
up with results. And at the end of the six-day marathon meeting, a deal was struck. It was
agreed to start negotiations on a new trade round to culminate in 2005. For the North,
which was keen to bring issues of investment and competition into global trade
negotiations, it was a "given". Most importantly, they got an agreement for a
new round of negotiations. The South lost most battles, but was relieved to still be in
the reckoning. Most gains were in the backroom "bilateral deals" a
euphemism for arm-twisting.
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November 15, 2001
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