What is at stake at the WTO’s MC14? | Explained

Key Topics in this News Article:
News Snapshot:

The World Trade Organization’s (WTO) 14th Ministerial Conference (MC14) will take place from March 26 to 29 at Yaoundé, Cameroon. The conference is the WTO’s highest decision-making body and generally meets once every two years. It is empowered to make all decisions on WTO law and to chart a path for the organisation’s future work. What is the context in which MC14 is taking place? MC14 is taking place amid rising geopolitical rivalry between the U.S. and China, ongoing global conflicts, and the mounting securitisation of international trade relations. Furthermore, trade multilateralism appears to be in retreat, while unilateralism is…