Today we can be sure we are heading into the right direction. We managed to put the round back on track, after a long hibernation. But we are not there yet.

It is not so much the United States that is trying to push the European Union in one direction or another, it is developing nations as a whole that are pushing the United States and Europe to open their markets a little more.

Russia and Ukraine are candidates for the entry to the WTO and their dispute would be easy to understand and tackle if they are both members of this organization.

Today we can be sure we are heading into the right direction. We managed to put the round back on track, after a long hibernation. But we are not there yet.

It is not good news, but we have to face reality.

Globalization is incredibly efficient but also so far incredibly unjust.

To set us on the right course we need to create more opportunities for trade, particularly in developing countries, and we need to adjust global trade rules to better meet the needs of entrepreneurs in the 21st century.