No doubt, great efforts will be made to give an appearance of progress.
The finance ministers may try to re-create the optimism for reform which they generated in Washington in July. But the disappointing meeting of their deputies in Paris at the beginning of this month showed once more that the negotiations have a tendency to become bogged down whenever they descend from high principles to awkward details. There is the additional complication that the negotiations of trade and monetary reform hang together and that the trade negotiations got off to a distinctly unpromising formal start in Tokyo this month.
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