WTO Intends to Abide by Doha Round Deadline
World Trade Organization (WTO) Director-General Supachai Panitchpakdi today said that January 2005 remained the deadline for completing the Doha Round of trade talks, despite the breakdown of negotiations in Cancun, Mexico last month.
The Doha Round aims to remove trade barriers in a range of sectors from agriculture to services. But the talks in Cancun broke down over demands for developed countries to cut financial support for farmers and over developing nations' opposition to a set of new rules which looked to expand WTO regulation into investment and competition policy.