As ministers gather around the WTO negotiating table the week of July 21 in Geneva, there are troubling questions about whether the deal that is at hand is really worth doing and whether it is even possible to conclude an agreement at present, given the political constraints-especially those associated with a U.S. presidential election year. This opinion brief argues that Doha skeptics are missing the critical importance of a WTO agreement in terms of imposing new disciplines and binding current practice in trade in agriculture, industrial goods, and services, and that there are large benefits to be had from an agreement on trade facilitation and from ensuring the continuing trade relevance of Aid for Trade. Waiting is not a good option, as upcoming elections around the world suggest that the political calendar for Doha will become more not less unforgiving.