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Discord at WTO meet: No deal on food security, fisheries subsidies, e-com

The failure to agree on new deals means that talks on the same trade topics will continue

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The World Trade Organization WTO logo is seen at the entrance of the WTO headquarters in Geneva (Photo: Reuters)

Reuters
The World Trade Organisation failed to reach any new agreements on Wednesday, ending a three-day ministerial conference in discord in the face of stinging US criticism of the group and vetoes from other countries.

The stalemate dashed hopes for new deals on e-commerce and curbs to farm and fisheries subsidies and raised questions about the body’s ability to govern increasingly disputed global trade.

The frustrations led some ministers, including US Trade Representative Robert Lighthizer, to suggest that negotiations among smaller groups of “like-minded” WTO countries were a better approach going forward.

“We have not achieved any multilateral outcomes,” European Union Trade Commissioner Cecilia