No deal is better than a bad deal
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22/07/2008
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Business Standard (New Delhi)
TRADING THOUGHTS
D Ravi Kanth / Geneva July 22, 2008, 3:16 IST
As the Doha trade negotiations enter a make-or-break phase, it is not a pleasant thought to evoke memories of Goebbels of the Nazi period, credited with having perfected the art of repeating a lie several times until it became a truth. When 30 trade ministers began a week-long meeting at the World Trade Organization, you could see the industrialised countries resorting to the same techniques. Not surprisingly, Brazil's veteran foreign minister, Celso Amorim said this was a disturbing state of play after so many years of negotiations.
All of a sudden, emerging developing countries