WTO crisis and reform

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The WTO’s new ‘Geneva Package’: What’s been agreed?

WTO trade ministers have brought the institution’s 12th ministerial to a successful conclusion with a compromise deal on a package of measures on a TRIPS waiver, agriculture, fisheries and WTO reform. The deal, which has been christened the ‘Geneva Package’ by diplomats, also includes a 2-year extension of the existing …

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‘Cautious optimism’ as WTO delegations make final preparations for MC12

WTO director-general Ngozi Okonjo-Iweala has said she is “increasingly cautiously optimistic” that an overall compromise deal can be reached on the various issues at stake at next week’s WTO ministerial conference, according to a WTO official. This assessment followed a ‘stocktaking’ meeting of the WTO’s ruling General Council on Tuesday …

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Perspectives: There is no crisis of globalisation but governments might create one

The number of commentaries proclaiming the end of globalisation will probably increase. The expected difficulties of finding consensus at the WTO’s 12th ministerial conference next June will add to these arguments. Cross-border business in fact remains healthy. But uncertainty around future policy choices may have a corrosive effect.

WTO crisis and reform WTO dispute settlement

US takes more conciliatory tone on WTO appeals

The United States is “prepared for deepened engagement” with other WTO members on the role of the Appellate Body and other questions relating to the functioning of the Organization, according to the country’s recently-appointed ambassador to the WTO, María Luisa Pagán. But she has refused to lift the US’s long-standing …