Last week, the trade ministers of 164 member- countries of the World Trade Organization (WTO) met at Buenos Aires, Argentina. With no serious intention to move forward the negotiations on making global rules for trading any simpler.
As expected, they paid lip service to the spirit of multilateralism and expressed various commitments. Such as to secure a deal on fishery subsidies, to improve the reporting of existing fishery subsidy programmes and extending the practice of not imposing customs duties on electronic transmissions for another two years.
Also, to continue negotiations in all areas. Three proponent groups announced initiatives to advance the talks
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