The Traderszone Network

Published in TZ Latest News 26 November, 2015 by The TZ Newswire Staff

WTO talks stuck again as ministers prepare to meet, Azevedo says

World trade talks are deadlocked and ministers are unlikely to find a way out of the impasse when they meet in Nairobi next month, World Trade Organization Director-General Roberto Azevedo said on Thursday. “We clearly are stuck in the negotiations at this point in time,” Azevedo told a news conference. The Geneva-based WTO has been trying and failing to agree on a worldwide package of trade reforms since a meeting in Doha in 2001 hatched an ambitious plan for knocking down trade barriers.