Developing Nations Face Bleak Future if Doha Trade Talks Fail
The Doha Round of negotiations is crucial for developing countries, especially the poorest ones. If the talks stall, more bilateral and regional trade agreements will harm smaller nations. Developing countries need to act now to secure benefits like aid for trade and fair treatment in global markets. They are waiting for developed countries to make significant cuts in agricultural protection before making their own offers. Time is of the essence for developing countries to make progress in trade negotiations.