Archive - Dec 14, 2011 - Article

Any country undergoing accession faces tough questions about the price paid for the benefit received.
While accessions are being promoted as a highlight of this Ministerial meeting, it is noteworthy that these are the first since the onset of the global economic crisis.

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What are the key issues that will be determined at the 8th Ministerial Conference (MC8) of the WTO? How do these decisions relate to the development mandate of the Doha Round, and the global crisis of unemployment? How is the WTO responding to international demands for increased international and national oversight over financial services? What impact are WTO accessions having on the populations of the acceding countries?

Analytical Note, December 2011

This Analytical Note provides an overview of the following: issues at stake in MC8 for developing countries and key messages for Ministers; the state of play including the main events that took place in the production of the ‘Elements for Political Guidance’ text; the legal status of the Chairman’s Statement as the outcome document of the Ministerial; important process issues to be mindful of during the Ministerial; a detailed look at the issues in the ‘Elements for Political Guidance’ text; and a paragraph by paragraph analysis of the ‘Elements’ text.