Azevedo: 'No deliverables' exist for Nairobi

By VICTORIA GUIDA

World Trade Organization Director-General Roberto Azevedo today warned of the possibility of failure at the global trade body's ministerial next week in Nairobi.

"We currently, today, have no deliverables for Nairobi — either on the potential outcomes that we identified or on the ministerial declaration," Azevedo said in a speech to the WTO General Council. "Beyond the written reports I listed earlier, the General Council has nothing to transmit for the consideration of our ministers in Nairobi."

But he added that there is still the "chance of delivering some significant elements in the extremely limited time available."

"A successful ministerial conference is essential to support growth and development for all members, and for the strength and credibility of the multilateral trading system," Azevedo said. "Therefore I suggest that we close this meeting as soon as possible and get back to work."

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