What we learned from the World Trade Organization (WTO) MC13 & surrounding meeting in Abu Dhabi last week. Summarized by World Economic Forum (WEF). We were there.
Overall, WEF concludes that while the formal meeting outcomes disappoint many, trade talks are a marathon and not a sprint (especially at the global level). The stage is set for continued engagement, and there’s particular momentum around exploring what governments, the private sector and civil society can do to make trade more inclusive and sustainable.
And for all other trade news in the last month, WEF has also put together our usual round-up. Read about Mexico-US trade, the Red Sea crisis, critical minerals trade, and more check out: WEF
- Trade ministers from across the world met in Abu Dhabi at the World Trade Organization’s (WTO) 13th Ministerial Conference (MC13).
- The meeting concluded with WTO members adopting a Ministerial Declaration setting out a reform agenda for the organization.
- Here’s what we learned about the future of trade at this year’s meeting.
Trade ministers from across the world met in Abu Dhabi last week to discuss and review the functioning of the world trade system and the future work of the World Trade Organization (WTO).
The WTO’s 13th Ministerial Confernce (MC13) concluded with members adopting a Ministerial Declaration, but with limited scope.
Here’s in short what we learned at MC-13 in Abu Dhabi.
1. WTO membership reached 166
2. Services trade got a boost, as did investment facilitation
3. It’s time to cut least developed countries a break
4. Harmful fisheries subsidies, agriculture kicked down the road
5. Many topics are stuck multilaterally
6. E-commerce duties on hold, for now – again
7. WTO members take up environment in thematic sub-groups
8. Tradetech grabs attention
9. Stakeholders want to debate
10. Trade is a marathon, not a sprint
Source:WEF
Today U2 is finalizing their amazing opening act of The Sphere in Las Vegas having played 40 shows in this outsranding arena.
The show is so spectacular in every sense. I loved it.
Being a U2 fan since 1979 I am naturally a bit biast loving all U2 concerts I have seen. Having said that, this is something special.
The show has everything. Drive, increadible visuals never seen before, pace and brillaince.
Even though I am a great Larry Mullen Jr fan, it was also interesting to hear the band with another band player. Larry is recivering from some surgery and Dutch drummer Bram van den Berg has filled in for him during the Las Vegas tour. The band got another beat and it was almost like bass player Adam Clayton came back to his previous heights as well from the temporary change.
Bono is Bono. The Edge is the Edge, but with more singing than ever.
This was a truly amazing experience performed by the best rock band in the world.
Our purpose in Maersk is ”to improve life for all by integrating the World”.
Always important to remember in all the tech talk at The World Maritime Forum.
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