Publication |
2014.
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Summary/Abstract |
In early December 2013 Indonesia's island of Bali hosted the 9th ministerial conference of the WTO member-states. Despite an incredibly long crisis at the current round of WTO trade talks (the Doha Round), the conference achieved a positive result. The partakers put signatures to what has been dubbed the "Bali Package" of agreements, thereby opening up an opportunity to break the deadlock over the Doha Round of negotiations in general. Any newly achieved accord within the WTO, already comprising 160 member-states, is a product of tremendous effort and major inevitable compromises. The Russian delegation takes special pride in the positive outcome of the Bali forum, because for the first time ever it participated in a ministerial conference in the capacity of a full-fledged WTO member, in other words, with full voting rights.
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