Doha do-dah day

Here’s a hap­py lit­tle tune from the trade Min­is­ters of Brazil, Chi­na, India, South Africa. Issued from the Moun­tain Tops of Davos:

In par­tic­u­lar, the Min­is­ters not­ed that, under the exist­ing draft modal­i­ties [dat­ing to Dec. 2008 —PWG], devel­op­ing coun­tries would be required to offer a lev­el of con­tri­bu­tion with­out prece­dent by any Mem­ber in any of the pre­vi­ous nego­ti­at­ing rounds. The min­is­ters also agreed that such con­tri­bu­tions are not being rec­i­p­ro­cat­ed by devel­oped coun­tries, some of whom [USA, EU, Cana­da, Aus­tralia, NZPWG] still seek fur­ther excep­tions and flex­i­bil­i­ties to con­tin­ue with their exist­ing trade bar­ri­ers and trade dis­tort­ing poli­cies, adverse­ly affect­ing the devel­op­ing coun­tries’ inter­ests.” Extract from Brazil For­eign Min­istry Press Ser­vice

What’s it called? Wait…don’t tell me. I’m sure I’ve heard it before.

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