WTO Bigwigs Must Weigh Costs Of Doha Failure: Lamy

Law360, New York (March 29, 2011, 6:31 PM EDT) -- Warning that the World Trade Organization is behind schedule on the Doha Development Round trade talks, Director-General Pascal Lamy urged the group's major players Tuesday to consider the cost of failure to the world economy.

Addressing the WTO's trade negotiations committee, Lamy said that despite some progress in the talks, the WTO was not "on track" to meet its goal of putting out a revised version of the negotiating text by Easter, which members have agreed is a key step to complete the round by the...
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