A crucial bid to salvage the global trade talks was at risk of failure after four days of painful negotiations made little progress, the World Trade Organization (WTO) Director-General Pascal Lamy warned Friday.
"If we do not see this rapid progress towards convergence, I am afraid that the deal that you came here this week will not happen with all the intended consequences," WTO spokesman Keith Rockwell quoted Lamy as saying in a briefing to WTO delegations.
"This is the blood reality," Lamy said. "The situation as I see it is critical, edging between success and failure."
Ministers from three dozen major WTO members were engaged in a week-long effort here to seek a breakthrough in the long-stalled Doha Round of global trade talks, but the negotiations remained in deadlock as the planned deadline is approaching.
Source:Xinhua
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