Bali talks to decide fate of World Trade Organisation


GENEVA/JAKARTA: Crisis is the natural state of world trade negotiations. But this week will be different.

Ministers meeting in the Indonesian resort of Bali from Tuesday until Friday will decide the fate of theWorld Trade Organization, with two possible outcomes: a global trade agreement, the first since the WTO was created in 1995, or a failure that kills off the Doha round of trade talks and casts the WTO into obsolescence.

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