Is plurilateralism making the WTO an institutional zombie?
17 February 2021 Author: Naoise McDonagh, University of Adelaide The World Trade Organization’s (WTO) 2014 Trade Facilitation Agreement is the only significant multilateral agreement it has concluded since its inception in 1995. Against that success, significant failures stand out. The inability to complete the Doha Development Round launched in 2001 and the failure to curb fishing subsidies despite the decimation of global fish stocks indicates that multilateralism is floundering. The growth in plurilateral agreements adds to that view and raises questions about the WTO’s future. Plurila...
Source: eastasiaforum.org