In the previous articles, we have dealt with WTO and the WTO agreements. In this article, we will discuss about the WTO Ministerial Conference and the Doha Development Agenda. All these articles are very important for the UPSC CSE Exam 2022.
Ministerial Conference (MC) | Place | Year | Important decision |
MC1 | Singapore | 1996 | Ministerial declaration on trade in information technology products: Expansion of world trade in information technology products, which account for 80% of world trade in these products. Singapore issues: transparency in government procurement, trade facilitation, trade and investment, and trade and competition. |
MC2 | Geneva | 1998 | Declaration on Global Electronic Commerce: To establish a comprehensive work programme to examine all trade-related issues relating to global electronic commerce |
MC3 | Seattle | 1999 | — |
MC4 | Doha | 2001 | Doha Development Agenda (DDA): It covers negotiations on agriculture, Non-Agricultural Market Access (NAMA), services, dispute settlement, antidumping duties, subsidies, etc. Discussed separately below. |
MC5 | Cancun | 2003 | — |
MC6 | Hong Kong | 2005 | — |
MC7 | Geneva | 2009 | — |
MC8 | Geneva | 2011 | — |
MC9 | Bali | 2013 | Bali Package: The centrepiece of the package is a new agreement on trade facilitation aimed at reducing red tape, and facilitating customs procedures in an effort to cut down the cost of doing business. Other — less far reaching — aspects of the deal focused on food security and a set of issues of particular interest to least developed countries including trade preferences or cotton subsidies. |
MC10 | Nairobi | 2015 | Nairobi Package: It contains a series of six Ministerial Decisions on agriculture, cotton and issues related to least-developed countries. |
MC11 | Buenos Aires | 2017 | No consensus. Developed countries like US blocked a permanent solution on government stockholding for food security purposes, developing countries like India toughened its stand on new issues including e-commerce and investment facilitation. |
MC 12 | Geneva | 2021 | To be held |
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