No clear path to reviving WTO talks: US

Reuters Posted online: Thursday , August 07, 2008 at 09:46 hrs Updated On: Thursday , August 07, 2008 at 09:46 hrs Differences between the United States and leading developing countries India and China that toppled world trade talks last week are too complex to be quickly resolved, a top US trade official said on Wednesday. "In times like this, it's often good to let the dust settle, take some time to chill out and then and only then try to figure out a plausible path forward," Warren Maruyama, general counsel for the US Trade Representative's office, said in a speech at the American Enterprise Institute. While there has been some speculation about trade ministers meeting again before the end of this year, that would only be productive if the knotty issues that confounded ministers last week could be resolved first, Maruyama... [read full story]