Global Trade Negotiations Stall as WTO Struggles to Reach Agreements
The WTO Doha Round of trade negotiations is picking up speed as the Hong Kong Ministerial Conference approaches. Countries are working to agree on ways to boost global trade in agriculture and other products. However, reaching agreements on these measures has been challenging, especially in agriculture. The report gives background on the WTO and the Doha Round, outlines past and upcoming events, reviews previous agreements, and compares different proposals for agricultural negotiations. It also discusses how an agricultural agreement could impact U.S. farm policy.