Gains of Cancun

WEEKLYECONOMIC AND POLITICAL Gains of Cancun The fifth ministerial summit of the World Trade Organisation at Cancun, Mexico that concluded on September 14 without producing a declaration should not be judged a failure. True, it failed to produce concrete guidance to the ongoing negotiations on liberalising trade in agriculture, services and industrial goods to facilitate their completion by the deadline of January 1, 2005. However, it succeeded in making the point that the opinion of developing countries cannot be steamrollered into a