Enter Doha development round (DDR). DDR was launched in Doha in 2001 followed by subsequent rounds of negotiation. One of the thorniest issues dividing the developed and the developing world was the issue of agriculture subsidy even though its share of the world trade is less than 8%. Due to deadlock in negotiations, the discussion was brought to a halt in July 2006 until the recent meeting of US, EU, Brazil and India in Potsdam, Germany in June 2007 post which the discussion have halted again...
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Due to deadlock in negotiations, the discussion was brought to a halt in July 2006 until the recent meeting of US, EU, Brazil and India in Potsdam, Germany in June 2007 post which the discussion have halted again. Discussions may only resume after the US presidential election next year. With globalization comes possibility to buy and sell goods and service anywhere in the world...
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