Ministerial Conferences of WTO
Q. Which of the following statements is/are correct about WTO?
1. The Ministerial Conference is the top decision making body of the World Trade Organization(WTO).
2. 9th Ministerial Conference took place in Doha in 2013.- Published on 27 Oct 15a. Only 1
b. Only 2
c. Both
d. None
ANSWER: Only 1
- The venue for 9th Ministerial Conference was Bali, Indonesia where Bali package was approved.
- It is aimed at lowering global trade barriers and is the first agreement reached through the WTO that is approved by all its members.
- The package forms part of the Doha Development Round, which started in 2001.
- Tenth ministerial conference will be held 15-18 December 2015 in Nairobi, Kenya.