Although the Brics offers advantages, it will not always make sense to go along with its decisions, say Peter Draper and Catherine Grant.
Time is running out for the World Trade Organisation. Can the WTO's weary membership go once more into the breach after its most recent failure? The consequences of failing to achieve a Doha round agreement would be severe. The multilateral trading system, while imperfect and iniquitous in parts, is worth saving, warts and all.
"In Hong Kong in December last year, I watched as South Korean farmers, in a sophisticated military-style operation, engaged the police in a fierce melee outside the convention centre. Their struggle, as Peter Mandelson reminded us later the same day is to maintain their privileges in the face of potential liberalisation through the Doha round," writes Peter Draper.