By Peter Ungphakorn
POSTED JANUARY 3, 2022 | UPDATED MARCH 24, 2022
As World Trade Organization (WTO) members struggle to reach consensus on numerous issues, many see talks among “the willing” as the way to modernise the organisation and in many cases to update its trade rules. But the approach is controversial.
These talks and resulting decisions among only some WTO members are called “plurilateral” to distinguish them from “multilateral” activities and agreements among the WTO’s whole membership.Continue reading “Explainer: The 18 WTO plurilaterals and ‘joint-statement initiatives’”