Multilateral Trade Negotiations After MC11 4 May
Author : marina-yarberry | Published Date : 2025-05-24
Description: Multilateral Trade Negotiations After MC11 4 May 2018 Geneva UNCTAD Taisuke ITO Trade Negotiations and Commercial Diplomacy Branch Division on International Trade and Commodities P166 Short Course Recent developments in international trade
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Transcript:Multilateral Trade Negotiations After MC11 4 May:
Multilateral Trade Negotiations After MC11 4 May 2018, Geneva UNCTAD Taisuke ITO Trade Negotiations and Commercial Diplomacy Branch Division on International Trade and Commodities P166 Short Course Recent developments in international trade and their implications for the policymaking process 2 MC11 outcome Doha Round overview Factors affecting the past negotiations Implications for the way forward Outline The MC11 outcome affected the relevance & credibility of the MTS The rise of anti-MTS & protectionist policies represent major challenges to its integrity Various factors affecting the past negotiations may inform possible ways forward Negotiating innovations on new issues should not weaken but strengthen the MTS Main Points 3 Global Partnership for Sustainable Dev. (SDG 17) Universal, rules-based, open, non-discriminatory and equitable MTS (17.10) Increase in DC exports, especially LDCs (17.11) DFQF market access on a lasting basis for all LDCs (17.12) Fishery subsidies (14.6), agriculture (2b), food security (2), SDT (10.a), infrastructure services (9) Anti-globalization forces in major economies Slow trade in 2016 with signs of recovery for 2017/18 I: MC11 Outcome MC11 in Context (1) – Stakes 4 MC10 (2015) created uncertainty on the mandates: DDA mandate: Many members reaffirmed, while other members did not reaffirm, the Doha mandates New issues: "Some wish to identify and discuss other issues for negotiations" "others do not" A few deliverables targeted at MC11, mainly on e-commerce and fishery subsidies, as well as agriculture & services MC11 in Context (2) – Mandates 5 I: MC11 Outcome No Ministerial Declaration Open-ended plurilateral initiatives on “new” issues E-commerce by 71 members (77% of world trade) Investment facilitation by 70 members (73%) MSMEs by 88 members (78%) Services domestic regulations by 60 countries How significant in the Doha Round history? New ways of doing business in WTO? Implications for the MTS? MC11 Outcome 6 I: MC11 Outcome Negotiating Issues (Single Undertaking) Implementation SDT review Agriculture NAMA Services WTO Rules Trade facilitation TRIPS T & Environment (DSU review) Aid for Trade Enhanced Integrated Framework 7 II: Doha Round Overview Market Access Doha Mandate (DDA) – Key Components Single undertaking, to be concluded by Dec 2004 Agriculture & services as UR built-in agenda Centrality of development dimension: “We seek to place their needs and interests at the heart ..” Sequencing - SDT/impl. issues by July 2002, Ag Modalities by March 2003.. Singapore issues (investment, CP, TF, GP) to be decided by “ explicit consensus ” at MC5 (2003) 8 II: