WTO negotiators in Abu Dhabi faced a deadlock with no agreement breakthrough, necessitating a third extension. Key issues revolved around revising global trade rules, with India and South Africa opposing the extension of a moratorium on digital trade tariffs, revealing disagreements among major economies like India, China, and the U.S. President Biden's trade chief expressed worries about potential fragmentation within the BRICS group. The UAE hosted the talks, stressing multilateralism and dialogue by providing a $10 million grant to support WTO initiatives.

WTO Deadlock Stalls Global Trade