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The Case for Reviving the Doha Trade Round

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Abstract:

The suspension last July of the Doha Round of multilateral trade negotiations has generally elicited indifference, or at most mild regret, in American political and policy circles. This is an unfortunate
irony because a careful look at the Doha agenda suggests that an eventual agreement could avoid the unproductive, polarized debate produced by many of the Bush Administration’s bilateral and regional
trade agreements. Instead of remaining stuck in an argument over the merits of trade agreements in general, we should assess whether the elements of this specific negotiation are consistent with important national economic and security interests. The components of the Doha Round indicate that it passes that test. In fact, it is the kind of trade negotiation that should command widespread support.