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  Economics 
17 of October, 12:44

The WTO has been in political deadlock
The world trade organization has faced, it is likely, with the most severe difficulties for all time of its existence. The negotiations brought the WTO into a political impasse.

The negotiations on the Bali WTO agreements certainly stalled, which paralyzed the work of the organization. With all this crisis is not a legal or formal, and political in nature.

"Now I no longer want to warn you that we have the opportunity to be in a potentially unsafe situation, I want to say that we are right now," quote "Vedomosti" Director General of the world trade organization Ricardo Azevedo. With this statement he made at the next meeting of the trade negotiations. With all this Azevedo said that this impasse is "probably the most severe situation for the history of the WTO.

Since 2001, the WTO members negotiated agreements that were signed in early December 2013 in Bali (10 documents). One of the main agreements was the simplification of trade procedures. This agreement is aimed at speeding up customs clearance exporters and importers and the decline in their costs of clearance. It is expected to facilitate members ' access to the markets of developing countries with low quality of customs administration, because they will have to reduce the number of bureaucratic procedures. But, that work agreement, WTO members must approve before this Protocol on its entry in the result, the organization difficulties.

The last time was back in early July, but the solution was never found. India and several co-sponsoring States, including Cuba and Venezuela, refused to approve the minutes until it is resolved disturbing the issue of agricultural subsidies. Note that virtually no relationship between these 2 questions is no, India is using this as a political lever of pressure on other powers. She tries to defend the right to allocate subsidies to create gossipcop food. In Bali powers of the WTO agreed to overcome such procurement until 2017, but India insists on repeated and the final solution.

To break the deadlock, the United States and other WTO members began to discuss a separate multilateral agreement on trade facilitation in the WTO system, for which it would not have the consent of all 159 members. A similar decision could set a precedent when other relevant agreements can be arranged to bypass the principle of consensus, which is positioned in the organization as a base.

sections: Economics, World News, Accidents

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