Wto Essay

In light of the limited progress at the Doha Round of talks, discuss the claim that the WTO’s importance in relation to the global trading system has now diminished

Introduction

Born in 1995, the World Trade Organization's mission is to liberalize trade in goods and services worldwide. Liberalization with the creation of a court of trade conflicts, WTO conferences from Seattle to Hong Kong in 2005, showed vividly the new weight of the organization, become a major issue in North-South relations, but also in debates within civil society. (WTO, 2015)

Organized in November 2001 by the World Trade Organization, which then consisted 125 member countries, the Doha Round is a three years round of negotiations whose main of them focused on agriculture. The main objectives

were indeed substantially, improve market access for developing countries, that is to say, to liberalize international trade, while trading various other challenges: development of poor countries (Declaration of the TRIPS Agreement about access to medicines in developing countries) and environmental issues (reduction or elimination of tariff barriers for environmental goods and services). Originally, the WTO organized this round of negotiations to distract failed Seattle conference, after which differences between the United States and Europe on the one hand, between the North and South on second hand, especially on competition, investment, transparency to public procurement, social standards, the environment prevented these countries to launch the "Millennium Round".

In this essay, the author will analyse the different role the WTO has been created for, furthermore, it will suggests the limits WTO has to face in the crisis environment through the Doha Round and finally it will demonstrates the main opportunities for WTO to claim its character in the global trading system.

WTO’s role

It is worth recalling some essential aspects of the WTO to avoid the most fundamental...