Strengthening the WTO
Communication from , , , , Hong Kong
European Communities, , , , , ,
, , , , and
The following communication, dated
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Text for inclusion in the outcome document of the 7th Ministerial Conference
On the issue of systemic improvements to the WTO, we propose the following text for inclusion in the Chair's summary to be issued at the conclusion of the 7th Ministerial Conference.
"The rapid change in the global economic environment requires the WTO to be agile and responsive in order to preserve its central role in the global trading system. With a view to maintaining the effective functioning of the rules based multilateral trading system, the WTO needs to periodically engage in a process of review of its functioning, efficiency and transparency and consider systemic improvements, as appropriate. Ministers have invited the General Council therefore, to establish an appropriate deliberative process to review the organization’s functioning, efficiency and transparency and consider possible improvements, while bearing in mind the high priority we attach to the successful conclusion of the DDA negotiations. We look forward to reviewing the progress in this regard in our next meeting."
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[1] This communication supersedes the submission made earlier by some of the co-sponsors in Job(09)/135 of