GENEVA, May 7: The World Trade Organisation said on Wednesday it is highly unlikely that a ministerial meeting will be held this month given the scant progress in talks on liberalising agriculture and other thorny issues.

“It would be extremely difficult under this time constraint and given the importance of substance to this process to have such a meeting in May”, WTO spokesman Keith Rockwell told reporters.

The WTO’s Doha round of talks to reduce trade barriers was launched in the Qatari capital in November 2001 with the aim of reaching a deal by 2004.

It has foundered ever since, principally due to disputes between developed and developing countries on agricultural subsidies and industrial tariffs.

WTO Director General Pascal Lamy had initially hoped to bring ministers to Geneva over Easter to decide on “modalities” the key numbers for tariff cuts that would form the basis for any comprehensive deal.

But this timetable has repeatedly had to be put back as the members prove incapable of reaching consensus.—AFP

Opinion

Editorial

United stance
13 Nov, 2024

United stance

BEYOND rhetoric, unity is rare within the Muslim world. Yet it was reassuring to see Muslim states speak with one...
Unscheduled visit
13 Nov, 2024

Unscheduled visit

AN IMF mission is in Islamabad for unusual, early talks with the Pakistani authorities as the lender seems worried...
Bara’s businesswomen
13 Nov, 2024

Bara’s businesswomen

BARA tehsil, a region typically known for its security challenges and socioeconomic problems, can now boast the...
System failure
Updated 12 Nov, 2024

System failure

Relevant institutions often treat right to internet connectivity with the same disdain as they do civil and political rights.
Narrowing the gap
12 Nov, 2024

Narrowing the gap

PERHAPS a pat on the back is in order for the ECP. Together with Nadra, it has made visible efforts to reduce...
Back on their feet
12 Nov, 2024

Back on their feet

A STIRRING comeback in the series has ended Pakistan’s 22-year wait for victory against world champions Australia....