Doha Round

"The Doha Development Round or Doha Development Agenda (DDA) is the current trade-negotiation round of the World Trade Organization (WTO) which commenced in November 2001. Its objective is to lower trade barriers around the world, which allows countries to increase trade globally. As of 2008, talks have stalled over a divide on major issues, such as agriculture, industrial tariffs and non-tariff barriers, services, and trade remedies.^[1] The most significant differences are between developed nations led by the European Union (EU), the United States (USA), and Japan and the major developing countries led and represented mainly by China, Brazil, India, and South Africa. There is also considerable contention against and between the EU and the USA over their maintenance of agricultural subsidies—seen to operate effectively as trade barriers.^[2]"http://en.wikipedia.org/wiki/Doha_Development_Round



After eight meetings and thousands of attendees and a few hundred issues no agreements are made and the Doha Round ends. The European Union and The United States of America is sought to gain an advantage of benefits from the Doha Round trade talks on helping the undeveloped nations. People felt that the developed nations just pointed fingers blaming other nations for the ending of the trade talks. The overall benefit would have been noted by "A 2008 study by World Bank Lead Economist Kym Anderson^[48] found that global income could increase by more than $3000 billion per year, $2500 billion of which would go to the developing world.^[49] Others had been predicting more modest outcomes, e.g. world net welfare gains ranging from $84 billion to $287 billion by the year 2015.^[1][50] Pascal Lamy has conservatively estimated that the deal with bring an increase of $130 billion. "
With such large numbers due to a change in trade agreements one would think that the Doha Round would have worked out in a different manner. Yet everyone was too worried about someone else getting the upper hand.  The US farm bill was said to be the blame by the European Union. Once again everyone wants the help from the United States but finds ways to blame the United States for a bill that was set to be a benefit rather than a burden.


Trade talks are now continuing with the United States and undeveloped nations on the tariffs on United States goods.

 The meeting in Cancun, Mexico in 2003 ended up being a waste of time more than 10,000 people are said to have attended and nothing more than a waste of time. New issues were to be discussed by the EU and the USA, and older issues still unsettled and answers wanted to be discussed and worked out by the undeveloped world.


http://www.globalissues.org/article/438/wto-meeting-in-cancun-mexico-2003