- By David BoscoDavid Bosco is an associate professor at Indiana University's School of Global and International Studies. He is the author of books on the U.N. Security Council and the International Criminal Court, and is at work on a new book about governance of the oceans.
You know things are rough for an international organization when it touts the accession of tiny Vanuatu as a significant accomplishment. WTO chief Pascal Lamy did just that today:
The chief of the World Trade Organisation (WTO), Pascal Lamy, hailed on Monday the impending accession of small Pacific island state Vanuatu as a sign of confidence in the body at a time of turbulence.
Lamy, who said last week that the WTO’s Doha round of negotiations on a new global trade pact was on the edge of failure after 10 years, was speaking after a working group approved terms for Vanuatu to join.
"Vanuatu’s accession to the WTO is a sign of confidence in the organisation and the multilateral trading system at a time of turbulence for the trading round and the WTO," Lamy told a ceremony marking the end of the entry talks.