New Delhi is organizing 2019 World Trade Organisation (WTO) ministerial meeting of developing countries
On 13th May 2019, the World Trade Organisation (WTO) ministerial meeting of developing countries has started in New Delhi. The two-day meeting is being held at a time when the multilateral rule-based-trading system is facing serious and grave challenges. The meeting will provide an opportunity for the Ministers to discuss various issues and the way forward. Sixteen developing countries and six Least Developed Countries, LDCs are participating in the meeting. It includes China, South Africa, Brazil, Saudi Arabia, Turkey, Kazakhstan and Bangladesh. The Director-General of WTO Roberto Azevedo is also participating in the meeting. In two-day meeting following issues are likely to be discussed: Finding a solution to the ongoing impasse in the Appellate Body on an urgent basis, Issues of importance and priority for developing countries including Least Developed Countries (LDCs) in the reform agenda, How to reinvigorate negotiating agenda on issues of critical importance for developing countries?, and How to ensure effective S&D for all developing countries including LDCs?.
Topics: Debt • Economic development • Economy • Enhanced Integrated Framework • International Relations • International Trade • Least developed countries • Ministerial Conference • Trade blocs • World Trade Organization