By Sylvia Mercado Kierkegaard (ed.)
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Extra resources for International Law and Trade: Bridging the East-West Divide
45] As for the way forward, he added: With regard to timing, in my view we should not attempt to set ourselves any false deadlines.  Furthermore, the Global Services Coalition (GSC) held a series of meetings with WTO ambassadors and officials.  The industry delegation comprised more than 40 executives and association representatives of the Global Services Coalition, which includes the leading service industry associations from Australia, Brazil, Canada, the Caribbean region, Chile, the EU, Hong Kong, Japan, India, New Zealand, Taiwan, and the United States.
Failing that, the negotiations would likely remain stagnant until 2009. S. President George W. S. S. administration has signaled that it could attempt to extend the TPA to make an agreement more feasible. Some Geneva-based negotiators believe that it may be possible to secure a short term extension of this trade promotion authority to cover the end of the Doha Round negotiations, even with the newly Democratic Congress. However, in order to get the Bush administration and Congress interested, there had to be hard evidence of a doable deal by the end of March 2007.
2. Suspension of the Multilateral Talks On July 24, 2006, WTO Director-General Pascal Lamy formally announced the suspension of the talks, bringing five years of negotiations to an end. S. for the collapse. Trade officials have continued to meet informally since then, especially after a soft relaunch of discussions in November 2006. 21 International Law and Trade: Bridging the East-West Divide This is not the first time that one of the WTO negotiation rounds has broken down. Negotiations are inevitably complex as each WTO member has a veto power over the final deal.