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World Bank chief blames Barack Obama for Doha trade talks deadlock
Posted By kurtnimmo On July 18, 2011 @ 10:31 am In Economic Crisis,Tile | Comments Disabled
July 18, 2011
The president of the World Bank, Robert Zoellick, blamed Barack Obama has for the deadlock in global trade talks and called on the White House to show the leadership that would bring almost a decade of fruitless negotiations to a successful conclusion.
Amid growing concern that a complete failure in the stymied Doha round could result in a new era of protectionism, Zoellick accused the United States of peddling “excuses” when officials in Washington called the World Trade Organisation’s (WTO) talks structurally flawed.
Zoellick, who was the US’s chief trade negotiator under George W Bush, told reporters in Geneva: “I think the facts speak for themselves on whether you have excuses or leadership.”
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