Why is WTO's 13th Ministerial Conference important for Bangladesh?
It is especially important now as Bangladesh is set to graduate from its LDC status and become a developing country by 2026.
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It is especially important now as Bangladesh is set to graduate from its LDC status and become a developing country by 2026.
India Business News: Ministers from 160 member nations of the World Trade Organisation (WTO) return to the Persian Gulf to discuss the core issues that have hindered progr
India and South Africa have opposed it as it neither has the WTO mandate or its members consensus and cannot be brought to the formal process in the WTO. Civil society also called the “attack” on India and South Africa by WTO Director General Ngozi Okonjo-Iweala for opposing the proposed pact “appalling”. “The Director-General has gone far beyond her legitimate role as an international public official, who is legally required to be neutral,” some civil society organisations said in a statement.
The upcoming WTO is likely to see a power struggle between its traditional advanced economy leaders and the so-called Global Majority.
Bangladesh should carefully consider joining Investment Facilitation for Development at WTO's MC13 and prioritise multilateral over plurilateral agreements for preserving policy space and national interests