The serene environs of Bali will host the next Ministerial Conference (MC9) of the WTO in December 2013. I had earlier blogged about this here. Will we see some headway in the Doha rounds of negotiations here? The WTO website announced the MC9 here. The ground rules were set:
- First, the “FIT” principle — Full participation, Inclusiveness, and Transparency;
- Second, any issue for action or decision by Ministers proposed by members should be developed by them in line with the normal consensus principle; and
- Third, issues for action or decision by Ministers should be agreed well before MC9."