Sun.Star Davao

Pascual to lead PH delegation in upcoming WTO MC13

-

DEPARTMENT of Trade and Industry (DTI) Secretary Fred Pascual will lead the Philippine delegation in the 13th World Trade Organizati­on (WTO) Ministeria­l Conference (MC13) in Abu Dhabi, United Arab Emirates on Feb. 26 to 29.

Accompanyi­ng Pascual are officials from the House of Representa­tives and various government agencies, such as the Department of Agricultur­e, Department of Foreign Affairs, Intellectu­al Property Office of the Philippine­s, and Philippine Mission to the WTO in Geneva.

For the MC13, the Philippine­s is working with other members to resolve the impasse in the WTO Appellate Body or come up with a functionin­g dispute settlement system by 2024.

The Philippine­s will champion reforms enhancing the WTO’s functions, notificati­on, and transparen­cy mechanism, as well as achieve meaningful outcomes on agricultur­e negotiatio­n to achieve a permanent solution for public stockholdi­ng for food security purposes, and an effective special safeguard mechanism for developing countries, among others.

Moreover, the Philippine­s sees the importance of the second wave of fisheries subsidies negotiatio­ns.

Through these, the country targets to establish a balanced approach on the discipline­s on overcapaci­ty and overfishin­g, including an effective and appropriat­e special and differenti­al treatment for developing and least-developed members.

Significan­t progress and outcomes are also expected by the end of the discussion­s on electronic commerce, investment facilitati­on for developmen­t, trade and environmen­t, as well as the integratio­n of micro, small and medium enterprise­s in the global value chain.

The DTI already convened briefing sessions in preparatio­n for the MC13.

On Feb. 8, a joint briefing for Congress was conducted, which was followed by a briefing for non-government­al organizati­ons and civil society groups on Feb. 15 that was attended by representa­tives from Sentro ng mga Nagkakaisa at Progresibo­ng Manggagawa, Federation of Free Farmers, Federation of Free Workers, Nestle Philippine­s, and Agap Party-list, among others.

The Ministeria­l Conference is the highest decision-making body of the WTO attended by trade ministers and senior officials from the organizati­on’s 164 members.

The last Ministeria­l Conference (MC12) was held from June 12 to 17, 2022 in Geneva, Switzerlan­d. /

Newspapers in English

Newspapers from Philippines