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NGOs and poor countries fear that further liberalization of trade will only benefit rich countries. WTO negotiations favor the interests of corporate investors and neglect agricultural protectionism and trade subsidies by rich countries. Critics often charge that the WTO functions undemocratically and that it has opaque negotiation procedures that harm the interest of the poor. In the summer of 2006, five years of Doha Round negotiations ended without any agreement, leading many observers to question whether the WTO continues to be relevant in the absence of rich country trade concessions
International Trade Agreements
Neoliberal ideology claims that international trade is an important factor for the development of poor countries and their integration into the global economy...
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