Against the background of last-ditch efforts by the United States, the European Communities, Brazil and India meeting in Potsdam to drive the Doha Round to a timely conclusion prior to the expiration of US trade negotiating authority, an international group of expert analysts of the trade scene gathered from June 17-18, 2007, in Waterloo, Ontario, for an informal discussion of the state of the international trade system in general and the prospects for the Doha Development Agenda in particular. The roundtable discussion was co-sponsored by the Centre for International Governance Innovation, the International Development Research Centre and the Canadian Institute for International Affairs. This note is a thematic summary of the discussions. As these were held under Chatham House rules, no attribution is given.