Commentary

Keeping the Trade Bicycle Moving Forward

The DDA is dead. Long live KORUS, the TPP and the FTAAP – so say APEC and the G20, between the lines, at least. And if you manage to wade your way through this “acronym soup”, there is actually something quite important here. I promise.

Outside the logistics industry, the world of international trade negotiation is as impenetrably acronym-laden as any I know. Some perhaps think this insiders’ code language is cool. I must confess I find it impossible – especially in those notoriously sleepy conference sessions that happen straight after lunch.