The Road to the WTO’s Twelfth Ministerial Conference (MC12)
Overview
With under two weeks to go for the Twelfth WTO MC12, global attention will soon shift to Geneva to see whether the WTO can deliver on pressing global trade issues. MC12 will be held in the backdrop of conflict, severe debt distress, rising food and oil prices, and volatility in the global commodity markets. MC12 is expected to be a streamlined, business-like event. Given the challenging global situation, MC12 may turn out to be more of a stocktaking Ministerial than a negotiating one. This edition of ONW captures news and developments at the WTO and perspectives on trade-related issues.