WTO Negotiations Progress After the 12th Ministerial Conference Despite Challenges
WTO Negotiations Progress After the 12th Ministerial Conference Despite Challenges

Author(s): Damian Wnukowski
Subject(s): Supranational / Global Economy, Economic policy, International relations/trade, Health and medicine and law, Transport / Logistics
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: WTO; trade; EU; negotiations; COVID-19;
Summary/Abstract: Participants in the WTO’s first ministerial conference in nearly five years, which was held in Geneva on 12-17 June, took several important decisions, including on a waiver of intellectual property rights on COVID-19 vaccines and the reduction of subsidies for fisheries. The effects of the meeting testify to a breaking of the negotiation deadlock visible in recent years. However, the key issue of WTO reform remains unresolved. The EU should actively support talks on changes in the organisation, while striving to conclude trade agreements with a smaller group of its members.

• Details
• Contents