Institute of Policy Studies, Islamabad organized a roundtable tilted “WTO: Status and the Way Ahead “, in collaboration with the Rawalpindi Chamber for Commerce and Industry at the chamber’s premises on April 28. Fasih Uddin , former Chief Economist Government of Pakistan and Member, IPS NAC was the main speaker. Opening the discussion, Aman Ullah Khan, Chairman WTO Committee of the chamber presented a brief overview of the evolution of multilateral trading regime, introduction of WTO, its objectives and functions. He emphasized that as Pakistan was one of the founding members of GATT since September 1947, the predecessor of WTO; it meant that the country stood for multilateral system of free and fair trade from very beginning. The main speaker, Fasih Uddin , said that at WTO, the decisions were to be made by consensus – which was the major reason for difficulties faced in concluding the negotiations – as it was hard to arrive at a consensus among 153 members with varying ...