DAVOS, Switzerland — Trade ministers and chief negotiators from a cross-section of 23 countries — including outgoing U.S. Trade Representative Ron Kirk — signaled at a meeting here Saturday that a global trade agreement to ease the cross-border flow of trade and bring benefits of $1 trillion to the world economy “is doable” by December.
“There’s a sense that in order to move Doha [Round of trade talks] forward, perhaps the smartest thing we can do is to move forward around a smaller package that we all agree on,” Kirk said following the meeting. “I’m encouraged that the work we’ve been doing on trade facilitation in particular seems to be one item where there’s almost unanimous consent. We ought to get that done.”
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)