The world faces the prospect of 400 preferential trade agreements by 2010 and the challenge of ensuring they contribute to the health of world trade, Pascal Lamy, World Trade Organization director, says. In a recent speech in India, Lamy says these preferential agreements contradict a non-discrimination principle that is one of the cornerstones of the WTO. He asks why so many countries are ready to accept rules and disciplines at the bilateral level that they are not prepared to accept ...

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