The WTO = World Trade Organization Ministerial Meeting, which had its final day on the 15th, announced that it would extend the session by one day to continue discussions toward the agreement of the Ministerial Declaration.
Discussions are underway to compile a unified policy regarding the response to the food shortage caused by Russia's invasion of Ukraine and incorporate it into the Ministerial Declaration.
The final day of the WTO ministerial meeting in Geneva, Switzerland, was on the 15th, but the session was extended by one day, saying that "more time is needed to reach an agreement on the ministerial declaration," and discussions will continue until the 16th. Was announced.
At the ministerial meeting, discussions have proceeded in the direction of each country complying with the rules under the WTO agreement that it does not restrict unnecessary food exports in the field of food security, such as food shortages caused by Russia's military invasion. However, according to the people concerned, India, Pakistan, and Sri Lanka have different claims.
Also, in the discussion of creating new rules to regulate the "fishing subsidies" of the governments of each country that lead to overfishing of fishery resources, there is a wide disagreement, such as India calling for special measures for developing countries. There is no prospect of reaching.
At the last 2017 meeting, there was a large disagreement between developed and emerging countries, no unanimous agreement was reached, and the meeting was closed without a ministerial declaration.
As the global economy is shaken by the global spread of the new corona and the military invasion of Russia, negotiations have reached a peak as to whether the WTO, which advocates free trade, can come up with a unified policy.