From the article:
The WTO will not come crashing down tomorrow, says Kimberly Elliott, a trade analyst at the Center for Global Development think-tank in Washington.
But its future looks bleak if the Doha negotiations go back into the coma that has been their dominant state in recent years.
While many celebrate the WTO’s place as a venue for settling disputes, that function will be eroded if it is not updating its rules to reflect new issues. Without any progress in negotiations, “there are going to be more and more disputes that cannot be resolved [at the WTO],” said Ms Elliott.
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