WTO Steps Back From the Abyss of Looming Irrelevance

After pulling an all‐​nighter in Geneva, the 164 members of the World Trade Organization pulled a few paces back from the abyss of trade irrelevance in the conclusion of their long‐​delayed and much‐​anticipated 12th ministerial conference. For only the second time since the establishment of the institution in 1995, they were able to conclude a multilateral trade agreement. Indeed, they concluded several. This alone is worthy of applause amid the current concatenation of crises from climate change, covid, and military conflict. Because of the success in simply concluding these agreements, the WTO remains relevant in international trade and overall international deliberation. Read Full Article »