WTO members fail to agree global trade deal

WTO Director-General Roberto Azevêdo reported to WTO ambassadors on 31 July 2014 that despite intensive consultations, 'we have not been able to find a solution that would allow us to bridge the gap' on the adoption of the protocol on the Trade Facilitation Agreement. He urged members 'to reflect long and hard on the ramifications of this setback'.

ESO: Background information: Ninth WTO Ministerial Conference (Bali, Indonesia, 3-6 December 2013) http://www.europeansources.info/record/ninth-wto-ministerial-conference-bali-indonesia-3-6-december-2013/

WTO: Press Release, 31.07.14: Azevêdo: Members unable to bridge the gap on trade facilitation http://www.wto.org/english/news_e/news14_e/tnc_infstat_31jul14_e.htm

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