Doha Development Round

The Doha Development Round is a global effort initiated by the World Trade Organization (WTO) beginning around 2001, aiming to reduce trade barriers like tariffs and subsidies, especially helping developing countries integrate into the world economy. The goal is to promote economic growth, development, and poverty reduction by making international trade fairer and more accessible. Despite initial progress, negotiations faced challenges and remained incomplete due to disagreements among countries on issues like agriculture, manufacturing, and services. Overall, it's an ongoing attempt to create a more open, balanced trading system that benefits both advanced and developing nations.