World Trade Organisation (WTO) director general Pascal Lamy said on Wednesday that only “modest” progress had been made in the past two days of crucial trade talks aimed at concluding a global trade accord.
“Progress has been modest until now,” Lamy told a meeting of the WTO’s 153 member states, his spokesperson Keith Rockwell told reporters.
Lamy had called for a meeting of ministers from 35 key nations this week in a bid to nail down a global trade accord that has been elusive for the past seven years.
As negotiations have been slow-moving, the process has been delayed.
A meeting on services that was meant to have taken place Thursday has now been moved to Friday, said Rockwell. –AFP