After nearly a decade, the Doha round of trade talks for the World Trade Organization (WTO) may finally reach a conclusion.
"The trade negotiations have just about gotten to the point that if it doesn't happen soon, it may never happen," says Michael Whitehead, executive director of food and agricultural research at Rabobank. "If Doha falls over, the WTO itself could be in big trouble. It could become a toothless tiger."
Relatively little talk coming out of Washington regarding trade is a positive sign, Whitehead says. He believes that means there are actual negotiations taking place and a resolution could be imminent. "It could still be derailed by each of the main players feeling pressure from their domestic constituencies," he says.
Listen to Whitehead's full comments: