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:
"Also resulting from her consultations, the chair proposed the following principles "to guide both the preparations for MC9 and the Conference itself":Will the salubrious setting of Bali break the Doha deadlock? Will it lead to a meaningful advancement of the Doha round? Will we see the single undertaking principle given up for "low hanging fruit" agreements? Will we see a turn around in negotiations at the multilateral level? If any decisions are to culminate in Bali, the next 10 months would involve extensive negotiations to reach that goal.
- 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."
Over to Bali.
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