East Asia and the EU: which contribution to the world trade system? / Patrick Messerlin

The Bali WTO Ministerial may have been a successful exercise in “declaring victory and leave”, but there are few hopes that the huge rest of the Doha Agenda will be subjected to negotiations in a predictable future. How to assess such a situation? On the one hand, it is very regrettable that negotiations on tariffs, quotas and subsidies will not be pursued in the WTO forum which is, by far, the best place to negotiate such issues. On the other hand, the WTO does not seem the best place to negotiate in a substantial manner about regulatory issues—be technical norms in goods, regulations shaping services markets (trade and investment) intellectual property rights, and to some extent public procurement.

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