Overview

• WTO negotiators in Abu Dhabi failed to achieve breakthroughs on agriculture, fisheries, and other major reforms.
• A moratorium on e-commerce tariffs was extended, offering some relief to businesses.
• European Trade Commissioner Valdis Dombrovskis expressed disappointment, specifically blaming India for the lack of consensus.
• India's Trade Minister Piyush Goyal stated satisfaction with the outcome, emphasizing India's position on public stockholdings of agriculture stocks.
• The meeting highlighted global divisions and the challenge of achieving consensus among WTO's 164 members.