I believe that with focus and flexibility we can succeed. The economic argument for a new WTO round is compelling. That is equivalent to adding an economy the size of Canada to the world economy. All countries would gain from further multilateral liberalization. Of course, these are only estimates.
Reasonable people can quibble about the exact size of the gains from a new round.
The development argument for a round is equally compelling. It is a tragedy that while our planet is blessed with sufficient resources to feed its 6 billion people, many are going hungry and many are living in the misery that poverty breeds. The first responsibility lies with governments in these poor countries. Development requires peace. It requires good governance and sound economic policies.