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Agreement in the WTO again for the first time after a marathon conference

2022-06-17T04:33:40.119Z


Agreement in the WTO again for the first time after a marathon conference Created: 06/17/2022, 06:26 WTO chief Ngozi Okonjo-Iweala has reached an agreement and is receiving a belated birthday song. © Martial Trezzini/KEYSTONE/dpa The WTO boss repeatedly loses hope that something will come about at the ministerial meeting. But just before sunrise on Friday she can breathe a sigh of relief. And l


Agreement in the WTO again for the first time after a marathon conference

Created: 06/17/2022, 06:26

WTO chief Ngozi Okonjo-Iweala has reached an agreement and is receiving a belated birthday song.

© Martial Trezzini/KEYSTONE/dpa

The WTO boss repeatedly loses hope that something will come about at the ministerial meeting.

But just before sunrise on Friday she can breathe a sigh of relief.

And look forward to a serenade.

Geneva - After negotiations almost around the clock, the 164 member countries of the World Trade Organization (WTO) have signed agreements for the first time in years.

Among other things, they agreed on agreements to enable the production of Covid vaccines in more countries and to ban subsidies for illegal and unregulated fishing and thus protect overfished stocks.

A planned agreement on agricultural trade, however, did not come about.

"You don't go home empty-handed," said WTO boss Ngozi Okonjo-Iweala at the end of the conference, which was supposed to end on Wednesday.

In the absence of an agreement, the 68-year-old had pushed for an extension because she did not want to accept her first ministerial meeting as a flop.

"The WTO has demonstrated its ability to respond to the challenges of our time."

Unusual celebration mood

At the final meeting of the government representatives at 5 a.m., there was not only long applause when the conference chairman formally stated that all member countries support the agreements.

There was also a festive mood in the packed room: ministers, civil servants and diplomats spontaneously struck up a belated birthday song for Okonjo-Iweala and another minister.

According to her own statements, she was not in the mood to celebrate on her actual day of honor, on Monday, because she feared that the conference would fail.

Civil society representatives did not join in the applause.

"It is shameful that WTO members would prioritize trying to save a ailing institution and obscene corporate profits over saving lives," said Melinda St. Louis of Public Citizen.

The EU in particular has blocked the abolition of patent rights (TRIPS waiver) demanded by numerous countries.

The agreement reached is not enough.

Ministers also agreed to launch WTO reforms with a work programme.

The partially idle dispute settlement mechanism should be working again in two years.

They extended an agreement not to impose any tariffs on international digital trade for the time being.

They also agreed that purchases by the World Food Program (WFP), which provides food to the world's hungry, should not be hampered by export restrictions.

At the same time, however, they left the door open to do exactly this if it serves to adequately provide for their own population.

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The sometimes vague formulations, which leave a lot of room for interpretation, were a sign of the often tricky negotiations.

In addition to the individual agreements, there was a general final declaration with vague promises such as these:

“We are committed to working towards necessary reforms in the WTO.

(...) According to our idea, the reforms should improve all functions.” To this day, she does not understand how one can debate a single word in a footnote for hours, said Okonjo-Iweala to the laughter of the ministers.

dpa

Source: merkur

All news articles on 2022-06-17

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