Doha is the only option
Robert Zoellick's love affair with preferential trade deals suffered a serious setback at last month's ministerial meeting on the Free Trade Area of the Americas in Miami.
The patchwork deal that emerged from Miami was little more than a face-saving formula. Notwithstanding announcement of trade agreements between the US and four Central American nations the day before yesterday, it is clear that the US trade representative's strategy of going for bilateral and regional deals faces serious difficulties.
The consequence is that the Doha round has resurfaced as a serious option for advancing world trade, despite the premature reports of its demise at the Canc
