Financial Times FT.com

Blindfolds that wrecked a deal to boost global trade

By Philip Stephens

Published: July 31 2008 19:35 | Last updated: July 31 2008 19:35

Pinn illustration

The Doha trade round has stalled. Again. In so far as anyone pays much attention, they will probably struggle to stifle a yawn. That is a pity. The deadlock will not see the international trading system crashing down about us. Yet the failure is more than a missed opportunity. It underscores a dangerous inability among rich and rising nations alike to recognise their individual in their mutual interest.

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