• Investment facilitation for development—a “plurilateral” negotiation (ie among only some members), initiated by China etc, aiming for some decision at the year-end ministerial conference
The fisheries subsidies negotiations are accelerating as the July 15 meeting of ministers approaches, with sessions every few days, sometimes including weekends
WTO members remained divided on the proposal to waive intellectual property rules for COVID-19 in today's informal meeting, although most said they were willing to discuss the new text.
The US, China, New Zealand and Ukraine shifted their positions to back the waiver
Some countries asked for more time to study the new #WtoCOVID19waiver text or remained sceptical about the waiver's ability to help access to vaccines and other products.
As expected, some countries disliked the new proposed time period for the waiver—three years, to be extended unless WTO members decide by consensus to end it.
One called it a blank cheque for the waiver to last indefinitely, undermining incentives for research & innovation.
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The recently-announced US proposal for the WTO fisheries subsidies talks—on the use of forced labour—is now available on the WTO website: docs.wto.org/dol2fe/Pages/S…
It was not discussed in today's negotiations session, but the talks will continue on Saturday and and Monday.
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The US proposal refers to the chair's latest draft ⬇️
Meeting on Saturday is unusual. It seems to be part of the effort to accelerate the talks so that all or most of the issues are settled by July 15 when ministers are due to meet online.
PS The US floated the idea in April. Today's focus was on special treatment for developing countries in provisions on illegal, unreported and unregulated fishing.
The US proposal may be discussed whenever the talks move to illegal, unreported and unregulated fishing in general
@BobWolfeSPS and I have written at length (with a short summary too) about the need to include transparency in the discussion of WTO reform. Releasing agendas publicly would be a good starting point
P.S. On the other hand, for a bit of balance, we do know what the @wto Dispute Settlement Body will discuss tomorrow. But it's an exception to the general rule