WTO CANCUN

countercurrents: The Collapse In Cancun And The Transformation Of The Global System

The World Trade Organization (WTO) Negotiations in Cancun, Mexico collapsed on Sunday and the relationships between rich and poor countries will likely never be the same - nor will the global system. The group of twenty-two developing nations (G22) that emerged as a negotiating bloc directly challenged the continuation of a one-sided neoliberal system that protects investors and corporations of wealthy countries while opening developing nations to the vulnerability of the global market. Brazil has emerged as a catalyst and organizer for bringing together developing and progressive countries to transform the weapons of neoliberalism into tools for the social agenda, opening possibilities for a more just global order.

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