By Mehri Madarshahi and Anoush d’Orville
For the first time since World War II, the world turned its back on the process of liberalization; the engine of a huge increase in trade of goods and services during the years of globalization.
All eyes were on Geneva. Almost seven years after its launch in Doha, Qatar, and many other false starts and dashed hopes, the final week of negotiations was ushered in on 21 July 2008 at the headquarters of the World Trade Organization (WTO) in Geneva. Over 100 ministers were in attendance intent on striking a deal and thus concluding the Doha Round, They promised to strive towards bridging their differences on blueprint agreements in agriculture and industrial products and provide for balanced “modalities”...
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