Get an expert to write your essay, starting at just $13.90 /page
Pssst… we can write an original essay just for you.
Any subject. Any type of essay.
We’ll even meet a 3-hour deadline.Get your price
121 writers online
The Eleventh Ministerial Conference (MC11) took place in December 2017 in Buenos Aires, Argentina. However, the members failed to agree to a ministerial declaration at the end of MC11.
The existential crisis facing the WTO, highlighted by the failure of the recent ministerial meeting at Buenos Aires is only symptomatic of a decline in its importance.
The nature of the deliberation at MC11 is a manifestation of the changing global power dynamics.
While certain developed countries (in this case, the US) can prevent outcomes going against its interest, some of the developing countries are now in a position to firmly resist its hegemony at the multilateral level.
Therefore, need of the hour are the structural reforms in the WTO functioning as multilateral trading system embodied by the WTO based on mutually agreed discipline on market access, customs duties, etc. remain critical to maintaining global interdependence.
To export a reference to this article please select a referencing style below:
Sorry, copying is not allowed on our website. If you’d like this or any other sample, we’ll happily email it to you.
Your essay sample has been sent.
Want us to write one just for you? We can custom edit this essay into an original, 100% plagiarism free essay.Order now
Are you interested in getting a customized paper?Check it out!