Undoubtedly, the most significant was the fact that the Cancún Ministerial Conference ended with no agreement whatever with regard to the content, which endangered the credibility of the DDP and the multilateral trade system itself (between January and August 2004, 21 new bilateral or regional agreements were signed and there are another 60 under negotiation, with a total of 206 agreements signed).
Undoubtedly, the most significant was the fact that the Cancún Ministerial Conference ended with no agreement whatever with regard to the content, which endangered the credibility of the DDP and the multilateral trade system itself (between January and August 2004, 21 new bilateral or regional agreements were signed and there are another 60 under negotiation, with a total of 206 agreements signed).