(Shawn Donnan – Financial Times)
The head of the World Trade Organisation warned on Thursday that the body had descended into “paralysis” and called for an urgent rethink on how the institution operates.
Roberto Azevêdo, the Brazilian who took over the WTO’s leadership a year ago, told its 160 members that efforts to convince India to lift its objections to a deal struck in Bali last year had failed. In response, he said, the members needed to have a major discussion about how the WTO could become an effective organisation. Read more here.