WTO chief economist breaks down big challenges ahead of trade talksAfter a much-hailed ministerial meeting in 2022, the world trade body is gearing up for crucial negotiations in Abu Dhabi. Its chief economist talks to Geneva Solutions about the need for reform and dispels alarmist calls to scrap the whole organisation altogether.
Geneva Solutions, 5 January 2024
s the countdown begins for the 13th Ministerial Conference in Abu Dhabi next month, the halls of the World Trade Organization (WTO) in Geneva are abuzz with activity.
The WTO's 164 member states are making a final, frenetic push to reach consensus on key issues at their highest decision-making meeting, convened every two years. These include the reforms of the dispute settlement system, the landmark fisheries subsidies agreement and reforms regarding agricultural subsidies, a divisive topic among member nations.