GENEVA: World Trade Organisation chief Roberto Azevedo will begin consulting with WTO ambassadors on Wednesday to try to work out how to pick up the pieces after global trade negotiations appeared to suffer a final defeat on Tuesday.

“Whether, and how, we make progress will be in your hands,” Azevedo told the envoys at a meeting of the WTO General Council.

Some diplomats had said the meeting was the final deadline for India to stop blocking a global agreement or they might give up negotiating and split off into smaller groups instead. That would undermine the role of the WTO, which is based on global rules accepted by all its members.

India plunged the WTO back into stalemate in July, just months after the 160-member trade body appeared to have struck the first global deal in its 19-year history.

Although the agreement was a modest success, streamlining and standardising customs rules around the world, diplomats had high hopes that it would be a springboard to new talks.

But India has resisted pressure to give way, insisting that its demand to be allowed to stockpile subsidised food be approved in parallel with the new customs rules. Senior officials at the Indian Trade Ministry have said that New Delhi remains committed to its stance.

WTO spokesman Keith Rockwell said he had never seen a similar situation at the agency, which has been dogged by “impasse” in multilateral trade negotiations for a decade.

“(There have been) some pretty horrific situations but this is a unique one in its uncertainty and complexity,” he said after the General Council meeting, one of the shortest on record.

Azevedo said last Thursday that “a continuation of the current paralysis would serve only to degrade the institution” and he saw little hope of a breakthrough. Since then, none of the WTO members are known to have contacted Azevedo to report any progress.

“He’s not warning members about an impending crisis, he said we’re in the middle of it now,” Rockwell said.

Published in Dawn, October 22nd, 2014

Opinion

Editorial

Missing links
27 Apr, 2024

Missing links

THE deplorable practice of enforced disappearances is an affront to due process and the rule of law. Pakistan has...
Freedom to report?
27 Apr, 2024

Freedom to report?

AN accountability court has barred former prime minister Imran Khan and his wife from criticising the establishment...
After Bismah
27 Apr, 2024

After Bismah

BISMAH Maroof’s contribution to Pakistan cricket extends beyond the field. The 32-year old, Pakistan’s...
Business concerns
Updated 26 Apr, 2024

Business concerns

There is no doubt that these issues are impeding a positive business clime, which is required to boost private investment and economic growth.
Musical chairs
26 Apr, 2024

Musical chairs

THE petitioners are quite helpless. Yet again, they are being expected to wait while the bench supposed to hear...
Global arms race
26 Apr, 2024

Global arms race

THE figure is staggering. According to the annual report of Sweden-based think tank Stockholm International Peace...