Breaking Down the Key Outcomes of the World Trade Organization's MC 13 Meeting
- Arne Mielken
- Mar 3, 2024
- 2 min read
Analyzing the Impact: A Closer Look at the Outcomes of the World Trade Organization's MC 13 Meeting
The 13th World Trade Organization (WTO) Ministerial Conference (MC13) occurred this week in Abu Dhabi. The WTO sets the rules that govern how countries trade with one another – from the tariff a country applies on watches and buses to the extent to which a government can subsidise its industries.
MC13 saw the world’s trade ministers come together to discuss the most pressing global trade challenges and agree on a way forward. The conference started on Monday 26th February and closed in the early hours of the morning of Saturday 2nd March with agreements to:
Protect tariff-free digital trade.
Help developing countries reap the benefits of free trade, and
Redouble efforts to establish a fully functioning dispute settlement mechanism by the end of this year.
Find here a collection of articles on this important conference:
1. START HERE TO UNDERSTAND WHAT WAS AT STAKE:
What Every Customs Manager Should Know About the WTO Ministerial Conference
The 13th Ministerial Conference of the WTO conference commences today. The WTO is the sole organisation that governs world trade on a global scale. Globally, trading businesses have a significant amount on the line. We provide you with a detailed overview of the current discussion topics and clarify their significance.
2. WATCH THE RECORDING
Unpacking the Implications of WTO MC13: Is Genuine Change on the Horizon?
Video Analysis, Slides + Supportive Documents on the WTO MC 13? - What is at stake at the WTO MC13? - Why does the WTO MC13 matter for world trade? Watch the Update + Download the slides
3. REVIEW THE RESULTS
1. MC13 ends with decisions on dispute reform, development, commitment to continue ongoing talks
WTO members concluded the 13th Ministerial Conference (MC13) in Abu Dhabi on 2 March by adopting a Ministerial Declaration setting out a forward-looking reform agenda for the organisation. Ministers also took several ministerial decisions, including renewing the commitment to have a fully and well-functioning dispute settlement system by 2024 and to improve the use of the unique and differential treatment (S&DT) provisions for developing and least developed countries (LDCs). They also agreed to continue negotiations in all areas where convergence was elusive at MC13. Read more
4. Find all MC13 documents here.
Our Recommendation
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