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- WTO Ministerial Conference 13 – 1st March 2024 – Round-Up
All-night talks failed to reach a breakthrough[1]
Here’s a short overview of the status of negotiations on important issues[2] –
The US Trade Representative attributes the failure of talks to fragmentation among the BRICS countries
China-led Investment Facilitation for Development (IFD) Agreement might not make it to the Final Outcome Document[9]
Reports suggest that Draft Fisheries Agreement Text contains forced labour provisions
Thailand replaces WTO Ambassador amidst India’s diplomatic protest
We hope you have found this information useful. For any queries/clarifications please write to us at insights@elp-in.com or write to our authors:
Sanjay Notani, Partner – Email – sanjaynotani@elp-in.com
Ambarish Sathianathan, Partner – Email – AmbarishSathianathan@elp-in.com
Shweta Kushe, Associate, Email – shwetakushe@elp-in.com
References:
[1] https://economictimes.indiatimes.com/news/economy/foreign-trade/wto-mc13-talks-may-get-delayed-one-more-day-amid-logjam-on-key-issues/articleshow/108135757.cms?from=mdr
[2] https://www.reuters.com/world/whats-state-play-wto-negotiations-abu-dhabi-2024-03-01/
[3] https://insidetrade.com/daily-news/no-deals-fish-agriculture-mc13-e-commerce-moratorium-extended
[4] Ibid
[5] Ibid
[6] https://docs.wto.org/dol2fe/Pages/SS/directdoc.aspx?filename=q:/WT/MIN24/W22.pdf&Open=True
[7] https://www.reuters.com/world/us-trade-chief-complex-trade-offs-needed-wto-talks-2024-02-29/
[8] Ibid
[9] https://www.business-standard.com/india-news/india-blocks-china-s-ifd-in-wto-unlikely-to-feature-in-final-outcome-124022801267_1.html
[10] https://docs.wto.org/dol2fe/Pages/SS/directdoc.aspx?filename=q:/WT/MIN24/24.pdf&Open=True
[11] https://docs.wto.org/dol2fe/Pages/SS/directdoc.aspx?filename=q:/WT/MIN24/W25.pdf&Open=True
[12] https://insidetrade.com/daily-news/new-mc13-fisheries-text-narrows-gaps-includes-forced-labor
[13] Ibid
[14] https://www.thehindu.com/news/international/thailand-replaces-its-ambassador-to-wto-following-strong-protest-by-india-on-her-remarks/article67903193.ece