-
Cummins hails 'sharp' Australia as they get back to winning ways
-
'Keep up the spirit': Indonesian teenage 'Superman' joins wildfire fight
-
Bangladesh eye more Australia Tests to hit next level
-
Starc bags 10 as Australia thrash Bangladesh in second Test
-
Thousands expected at Sweden climate demo as election looms
-
Starc heroics see Australia thrash Bangladesh in second Test
-
Starc heroics put Australia on brink of victory over Bangladesh
-
Pegula dethrones Swiatek to book Cincy final against Gauff
-
Austrian mountain town finds niche in AI boom
-
South Korean survivor fights for workplace harassment 'justice'
-
Messi scores but Miami slump continues with loss to Toronto
-
Starc strikes as Bangladesh struggle to stay alive in 2nd Test
-
Sydney marathon unveils medal with wrong stadium
-
Prince Harry: royal misfit making unlikely UK return
-
Macron hosts Saudi's MBS for visit ranging from esports to Mideast
-
Blowing in the wind, humble balloon gets green makeover
-
Australia in control with 146-run first innings lead over Bangladesh
-
Pegula dethrones Swiatek to reach Cincinnati final
-
World No. 3 Pegula beats defending champ Swiatek to reach Cincy final
-
IndyCars zip among iconic Washington landmarks ahead of Freedom 250
-
Wyndham Clark surges clear at BMW Championship
-
Real Madrid snatch late win at Espanyol on Mourinho's return
-
Maresca says Man City must fill Rodri void after Barca switch
-
Real Madrid beat Espanyol in Mourinho's first game on return
-
Canada retaliates as trade war with US escalates
-
Olise helps Bayern past Dortmund in German Supercup
-
Fils dominates Cobolli to book Cincinnati final
-
Coach Rennie hails clinical All Blacks after Springboks Test win
-
Spurs lacked fight in dismal defeat at Brentford says De Zerbi
-
Charlton deliver blow to 'under pressure' Hammers boss Nuno
-
Inter thrash Monza to launch Serie A title defence
-
Carrick keeps calm despite Man Utd misery, big-spending Spurs crushed
-
Shambolic Spurs battered by Brentford
-
Canada's Carney stands up to Trump, despite risks
-
Pogacar wins Vuelta a Espana opening stage
-
Lens hammer Auxerre thanks to Thauvin penalty double
-
Clinical New Zealand shock wasteful South Africa in first Test
-
No singles for Serena, but she joins Alcaraz for US Open
-
Canada hits back with new tariffs after trade talks with US fail
-
Joao Pedro extends Chelsea stay with new long-term deal
-
Swedish police identify 17-year-old girl as victim in school sword attack
-
Yamaguchi to face An in hunt for fourth badminton world crown
-
Carrick keeps calm despite Man Utd misery, Sage beaten in first game as Palace boss
-
Norris clinches pole for Dutch GP
-
France to deliver interceptor missiles to Ukraine after new Russian strikes
-
Norris clinches pole for Dutch Grand Prix
-
Serena Williams and Alcaraz unite in US Open mixed doubles
-
Pope Leo calls for courage in Rimini visit after stop in tiny San Marino
-
Macron pledges air defence as 13 killed in Russia, Ukraine strikes
-
Man Utd must learn from 'frustrating' defeat at Hull: Carrick
WTO talks risk train wreck finish as deadline looms
A high-level WTO conference is likely to end Friday with no major wins, throwing into doubt the effectiveness of the multilateral trade body, according to sources close to the talks.
Despite a looming deadline that has been repeatedly extended to allow for a compromise, negotiators have yet to secure consensus on any of the big items on the agenda of the World Trade Organization's 13th ministerial conference (MC13) in Abu Dhabi, said a senior European Union official.
Barring last-minute progress, the conference is due to end with no deals on agriculture, fisheries or even a moratorium on customs duties for digital transmissions that has been regularly renewed since 1998, said the official who spoke on condition of anonymity.
With a closing ceremony now scheduled for 1800 GMT following five extensions, there is little room for major breakthroughs, although ongoing haggling between heads of delegations could still create some headway, the official said.
The WTO -- the only international body dealing with the rules of trade between nations -- is under pressure to secure some wins at MC13 to prove its relevance amid geopolitical tensions and economic headwinds.
Its 12th ministerial conference in Geneva in 2022 was hailed as a landmark success following deals on fisheries and a commitment by members to restore a now-defunct dispute settlement body before the end of this year.
"Our challenge this week is to demonstrate that MC12 wasn't a one-off miracle," WTO Director-General Ngozi Okonjo-Iweala said on Monday.
- 'Makes or breaks' -
The WTO meeting in the capital of the United Arab Emirates was initially scheduled to wrap up on Thursday.
But it was extended beyond its scheduled deadline five times amid rifts between the body's 164 members who must reach unanimous consensus to chalk up any deal under WTO rules.
With farmer protests sweeping Europe and India, agriculture agreements have emerged as a particularly sensitive topic of debate.
Member states were trying to negotiate a text listing the subjects that merit further discussion.
A key sticking point was a demand by India and other member states for permanent rules governing public stockholding of food reserves to replace temporary measures adopted by the WTO.
"There is certainly at least one country that is saying they can't leave here without a substantive agreement on agriculture," said a WTO ambassador.
"It's the moment to decide whether that particular country is going to be a consensus builder or consensus blocker," added the ambassador who spoke on condition of anonymity.
Negotiators were also trying to hammer out a new deal on fisheries subsidies.
After a 2022 deal which banned subsidies contributing to illegal, undeclared and unregulated fishing, the WTO was hoping to conclude a second package focusing on subsidies which result in overcapacity and overfishing.
Negotiations in recent months at the WTO headquarters in Geneva have enabled a draft text to be brought forward for a second fisheries deal.
It provides flexibility and advantages for developing countries.
But some -- notably India -- are demanding further concessions, including transition periods that others consider to be too long.
After all-night negotiations, a new draft fisheries agreement was brought forward early Friday, but it has yet to generate unanimous consensus.
- E-commerce moratorium -
Also at stake at MC13 is the fate of an e-commerce customs moratorium.
Since 1998, WTO members have agreed not to impose customs duties on electronic transmission of digital products.
The moratorium has been regularly extended since then, but objections by India and other member states are now throwing it into jeopardy.
On Thursday, India, along with Brazil, once again threatened to block the moratorium's extension, arguing that it harms customs revenues, according to several sources close to the talks.
The EU and the UK are among the most vocal advocates of an extension, saying that many countries would lose considerably more in gross domestic product than they would gain in tariffs if the moratorium lapses.
According to the Organisation for Economic Cooperation and Development (OECD), the impact of the moratorium on overall government revenue is below 0.1 percent.
If the moratorium is not extended at MC13 it will expire before the end of the month.
U.Shaheen--SF-PST