date:May 02, 2013
major reason for the impasse is the U.S. insistence that advanced developing countries like China, Brazil and India make better offers to open their markets in exchange for proposed cuts to U.S. farm subsidies.
Earlier this month, Punke warned the WTO was hurtling towards irrelevance, with continued disagreements casting doubt on reaching a trade facilitation deal at the Bali meeting to cut red tape from customs procedures.
In his remarks on Tuesday, Punke sounded more optimistic and identifie