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Hongzhou Zhang | East Asia Forum

Zhang Hongzhou is Research Fellow at the China Programme, S. Rajaratnam School of International Studies, Nanyang Technological University, Singapore. ....

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Genevieve Donnellon-May | East Asia Forum

Genevieve Donnellon-May | East Asia Forum
eastasiaforum.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eastasiaforum.org Daily Mail and Mail on Sunday newspapers.

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Is plurilateralism making the WTO an institutional zombie?

17 February 2021
Author: Naoise McDonagh, University of Adelaide
The World Trade Organization’s (WTO) 2014 Trade Facilitation Agreement is the only significant multilateral agreement it has concluded since its inception in 1995. Against that success, significant failures stand out. The inability to complete the Doha Development Round launched in 2001 and the failure to curb fishing subsidies despite the decimation of global fish stocks indicates that multilateralism is floundering.
The growth in plurilateral agreements adds to that view and raises questions about the WTO’s future. Plurilateralism refers to trade and investment negotiations between three or more countries, but fewer than all WTO members. Plurilaterals can occur inside the WTO, where non-signatories still receive the benefits through the most-favoured-nation requirement. The 1996 Information Technology Agreement is one early example. Issue-specific WTO plurilaterals, such as the e-commerce negotiatio ....

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