WTO’s 9th Ministerial Conference closes after adopting Bali Package
Read Third World Network’s concise yet comprehensive account of the closing stages of the WTO Ministerial, and the agreements that form part of the new Bali package.
Bali Package has grievous implications for Africa’s people
The WTO Ministerial Conference – portrayed in advance as likely to be a non-negotiating Ministerial – has concluded with a last-minute agreement on trade facilitation, food security and development that is deceptively packaged a ‘deal’ that will be good for all. But it is anything but. This is a deal that will work for industrialised countries and large corporations.
Africa Trade Network, for example, comments that: “Whatever the expectations with which African countries came to Bali, they are leaving virtually empty-handed. There is hardly anything of substance in the just adopted Bali package that addresses Africa’s developmental imperatives….We will expect our States to wake up, go back to the drawing board, take the negotiations seriously as having grievous implications for their people…”
Read Africa Trade Network’s conclusions in full.