King & Spalding (JD Supra Indonesia)
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Roadblocks To Bali Package Implementation Remain As Summer Deadline Passes Without A Clear Path Forward
The spirit of compromise and political will that yielded the first multilateral trade agreement under the World Trade Organization (WTO) has proven insufficient to see the so-called "Bali Package" through to formal adoption and implementation. The December 2013 Bali Package is a three-part "early harvest" of the Doha Development Agenda (DDA) covering trade facilitation, agriculture, and...
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A Successful Conclusion to the WTO Bali Ministerial Conference
The WTO's Ninth Ministerial Conference was held in Bali, Indonesia on December 3-7, 2013. Acceptance of the "Bali Package" was by no means an assured outcome as Geneva-based negotiators were unable to finalize negotiations before the Bali conference. Yet, WTO Members pursued tough political decisions overnight on Friday December 6th and produced the first multilateral trade agreement under the...