World Trade Organization (WTO) negotiators face an uphill battle on the fifth day of high-stakes talks in Abu Dhabi, grappling with political deadlock and fierce disagreements among the 164 member countries. As tensions rise, uncertainties loom over the possibility of reaching a consensus by the extended deadline.
Despite intense and difficult discussions, key issues, including digital trade tariffs and global commerce rules, remain contentious. The talks, aimed at revising trade regulations spanning fishing to e-commerce, have showcased divisions between major economies, with the BRICS group struggling to find common ground.
With U.S. President Joe Biden’s trade chief warning of potential fragmentation within BRICS if talks fail, the outcome carries significant global implications. As negotiators navigate challenges, the United Arab Emirates emphasizes the importance of multilateralism and dialogue, striving for a breakthrough amidst political theater and the complexities of international relations.
