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The US delegation sharing a joke prior to a closed-door meeting of the WTO General Council. <br />
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The World Trade Organisation has 164 members, and in theory, negotiates and regulates global trade. It is, however, in crisis: New multi-lateral trade negotiations have been stalled for years, while it's principle dispute settlement body, the 'crown jewels' of the WTO and the global trading system, is almost completely blocked.