GLOCAL Jan 2014 | Page 32

WORLD STAGE WTO: Game of optimism and pessimism Sarker Partha Pratim “It always seems impossible, until it’s done.” - Nelson Mendela In addition to the Bali Package, ministers formally adopted a number of more routine decisions at the end of a five-day meeting opened by Indonesia‘s President Susilo Bambang Yudhoyono, which also saw Yemen accepted as a new member. Yemen will be 160th member and 35th LDC Member. No doubt that it is a further, positive step towards universality. ―For the first time in our history: the WTO has truly delivered,‖ said WTO Director-General Roberto Azevêdo. ―I challenged you all, here in Bali, to show the political will we needed to take us across the finish line. You did that. And I thank you for it.‖ The Bali Package is a selection of issues from the broader Doha Round negotiations. Echoing calls from many delegations, Mr Azevêdo, said members‘ attention should now turn the rest of the round, known semiofficially as the Doha Development Agenda. Ministers and other delegates greeted the agreement enthusiastically, with repeated clapping and cheering. But the conference was also tinged with 29 WTO‘s Bali Ministerial Conference concluded a day later than scheduled on 7 December 2013 with agreement on a package of issues designed to streamline trade, allow developing countries more options for providing food security, boost least developed countries‘ trade and help development more generally. It is only through multilateral agreements that many of the poorest and most vulnerable countries can truly benefit from international trade. So theatre like the WTO is vital. Page The