In the run up to the 13th Ministerial Conference (MC13) in February, World Trade Organization (WTO) member-nations are gearing up for a preparatory meet in Geneva for a consensus on the agenda, people aware of the matter said.
The two-day meeting, starting October 23, is an attempt to transform the view that the WTO is losing relevance and is failing in its mission.
This new format of having a preparatory meet ahead of MC13 will give more time to member-nations to be better prepared before negotiating the final outcome next year. More discussions on crucial issues will increase the probability of