US trade representative Jamieson Greer has warned that the World Trade Organization will play only a “limited role” in future global policy after talks this week on reforming the body ended in failure, a signal of the body’s growing marginalisation.
The criticism follows Greer’s return to Washington from Cameroonian capital Yaoundé, where four days of negotiation over modernising the WTO collapsed late on Sunday.
“I have always been skeptical of the value of the WTO, and this week’s conference confirmed that this organization will play only a limited role in future global trade policy efforts,” Greer said in a statement, adding that he was “disappointed at the lack of seriousness of many members”.
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