WTO urged to engage Obama for a deal

Published December 13, 2008

GENEVA, Dec 12: The top EU trade official said on Friday the WTO must engage with US president-elect Barack Obama to try to clinch a global trade pact after negotiations at the end of this year failed.

“We should continue the work and engage with the new US administration in January to see how quickly a ministerial meeting can be called in 2009,” EU trade commissioner Catherine Ashton said in a statement.

World Trade Organisation Director-General Pascal Lamy said earlier Friday he would not be summoning ministers to Geneva next week as he had initially hoped, because of an “unacceptably high” risk of failure and wide gaps between states.

But Ashton urged the WTO to keep striving for a deal.—AFP

Opinion

Editorial

Sustainable path?
Updated 13 Jun, 2026

Sustainable path?

The FY27 budget is the first clear signal that the government is ready to transition from stabilisation to growth.
Prioritising education
13 Jun, 2026

Prioritising education

THOUGH the improvement in the country’s literacy rate may be slight, as highlighted by the Economic Survey, it ...
Poverty’s rise
13 Jun, 2026

Poverty’s rise

AS attention turns to the government’s plans for the coming fiscal year, one set of figures deserves particular...
A difficult story
Updated 12 Jun, 2026

A difficult story

Unless productivity becomes the dominant target of economic policy, Pakistan will continue to oscillate between crises and fragile recovery.
Rough waters
12 Jun, 2026

Rough waters

AMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
Politicised football
12 Jun, 2026

Politicised football

ALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...