WTO talks end with no major win

A high-level WTO conference ended Saturday with a temporary extension of an e-commerce moratorium but no deals on agriculture and fisheries, throwing into doubt the effectiveness of the multilateral trade body.

The outcomes of the World Trade Organization's 13th ministerial conference in Abu Dhabi highlighted the sharp divisions between the body´s 164 members amid geopolitical tensions and economic headwinds that are threatening global commerce. The WTO, the only international body dealing with the rules of trade between nations, requires full consensus from all members to chalk up deals.