GENEVA — A group of 36 African cotton-producing nations warned Thursday that there will be no deal in the Doha trade talks without drastic reductions in trade-distorting cotton subsidies.
Failure to accommodate the concerns of poor African nations contributed to the collapse of the Doha talks in Cancún, Mexico, in September 2003, and the issue has stalled the talks and put the U.S., the world's biggest subsidizer of cotton, on the defensive. Since then, disputes brought to the World Trade Organization by Brazil have found that multibillion-dollar U.S. cotton subsidy plans violate global trade rules.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"