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Mysteries of Trade Diplomacy.
This will be registered as one of the biggest mysteries in the history of trade diplomacy: On Aug. 13, 2003--a month before the WTO Ministerial Conference meeting in Cancún, Mexico--American trade negotiators suddenly decided the U.S. should join the EU's exclusive club of rich countries for perpetual agricultural protectionism. On that date a joint U.S.-EU proposal on agriculture, offered as a means of breaking the deadlock of the WTO Doha Round, was announced with great fanfare.
In a nutshell, the Americans and Europeans were very imprecise in defining their commitment to lowerin…
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- Mysteries of Trade Diplomacy.
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