Submitted by Aditya Rao on July 31, 2008 - 7:17am.
One US analyst said it best when
asked about the outcome of the recently failed WTO talks in Geneva “Success or failure of the Doha Round may
very well lie in the hands of Kamal Nath alone”.While he did make this
statement a few days before the talks were officially declared as a failure, he
was definitely right.
For probably the first time in
history three developing countries dictated the pace of the trade talks at Geneva.
This year was perhaps special for them simply because when the entire issue
being discussed began in 2001 in Doha they were merely participants but today
they pretty much hold the key to World trade.
