Skip to content
Subscriber Only

Food Subsidies Challenge WTO Ability to Keep Trade Deal on Table

Negotiators are seeking to salvage the credibility of the World Trade Organization at a meeting in Bali this week, as the lack of agreement over farm subsidies threatens to end 12 years of talks on a global trade pact.

The 159-member World Trade Organization has made more progress on the Doha round of talks in the last few months than in the past five years, spokesman Keith Rockwell told Bloomberg TV Indonesia yesterday. Yet negotiators didn’t nail down a package of agreements for ministers to ratify in Bali, WTO Director-General Roberto Azevedo said in Geneva ahead of this week’s meeting.