It’s on again.
The latest political signals from the recent G20 Summit in Seoul and the APEC Summit in Tokyo implied a need to complete World Trade Organization (WTO) talks in 2011. This will translate into bustling work for director general Pascal Lamy to launch intensive negotiations in the beginning of 2011.
A revised on text of modalities — covering general agriculture, industry and services — is expected to emerge at the end of first quarter of 2011. This has raised questions on what happened to the earlier text agreed upon in December 2008.
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