Agreement in Bali Breathes New Life into WTO

The World Trade Organisation (WTO) was jolted back to life, and to relevancy, by achieving its first comprehensive agreement in December last year. The round managed to gain agreement from all member countries in attendance, it was a mammoth task, and while some have said the outcomes didn’t go far enough, it has made strong headway in re-booting the WTO’s stalled negotiations that have seen preferential trade deals flourish.

“For the first time in our history, the WTO has truly delivered,” said WTO chief Roberto Azevedo.


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