The World Trade Organization logo is seen outside its headquarters in Geneva, Switzerland. Picture: REUTERS/DENIS BALIBOUSE
Her priorities include tackling the Covid-19 pandemic, concluding the fisheries subsidies negotiations, reforming the dispute settlement system, and resolving outstanding issues on agriculture. She has also expressed a desire to improve dialogue and review the work on e-commerce, investment facilitation, services domestic regulation, small and medium-sized enterprises, women in trade, as well as trade and climate.
is faced with a real crisis of confidence: a key pillar of the WTO, the dispute settlement system that has provided certainty and robustness in the multilateral trading regime, has been under severe threat. A framework on trade and health, designed to facilitate universal access to Covid-19 vaccines, has been introduced. This is aimed at equipping countries to handle future health crises better. To combat the Covid-19 pandemic, developing countries have proposed a waiver by developed countries of specific rights and obligations afforded by the Trade Related Aspects of Intellectual Property Rights agreement.
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No business-as-usual talk needed at trade ministers’ meetingThe July preparatory meeting is critical because trade ministers are anxious to deliver outcomes that are more tangible after the disappointing conference held in Argentina in December 2017
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