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Can Qatar pick up where Seattle left off?

HEADNOTE

MULTILATERAL TALKS

Trade and development

HEADNOTE

Eight rounds of global trade talks have still not reduced trade barriers enough.

Developing countries' concerns about access to industrial markets must be met before a new round can even be launched, let alone succeed.

Dismantling trade barriers is hard and controversial work. That was clear during the World Trade Organization ministerial meeting in Seattle in 1999 that failed to launch a new round of world trade talks against a background of civil unrest. Subsequent meetings of the World Bank and the International Monetary Fund proved no easier. But it is also dear that greater openness has brought economic benefits to the world in recent years, and that further liberalisation would create more benefits, many of them accruing to the developing world.

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