BRIDGES Daily Update on the Fifth Ministerial Conference - Special Update 14 September, 2003

 

WTO Ministerial Collapses

 

Shortly before 18:00 Cancun time, Mexican Trade Minister Luis Ernesto Derbez formally closed the Fifth Session of the WTO Ministerial Conference, without agreement on a Ministerial Text.  The meeting had collapsed in mid-afternoon over ongoing deep divisions among Members, particularly over whether and how to launch negotiations on the 'Singapore' issues of investment, competition, transparency in government procurement and trade facilitation.

According to a one-page Ministerial Statement (available online at http://www.ictsd.org/), which was the only official document to emerge from the Conference, a meeting of the WTO General Council at Senior Officials level will be convened no later than 15 December 2003 "to take the action necessary at that stage to enable us to move towards a successful and timely conclusion of the negotiations."

 

Bridges will shortly provide a more detailed report on the day's proceedings.

 

ICTSD BRIDGES DAILY UPDATE is a daily news service covering trade and sustainable development on the occasion of the Fifth WTO Ministerial Conference in Cancun, Mexico. The publication focuses on news, activities and negotiations around the Ministerial from 10 to 14 September as they relate to sustainable development issue-areas. BRIDGES Daily Update is produced in Cancun by ICTSD staff under the direction of Ricardo Meléndez-Ortiz. Other language editions are produced in collaboration with FFLA & CINPE (Spanish); ENDA-tiers-monde (French), Germanwatch (German); FGV & OIKOS (Portugese); ICTSD (Chinese); and Eco-Accord (Russian). For further information contact ICTSD at: 13, ch. des Anémones, 1219 Geneva, Switzerland; tel: (41-22) 917-8492; fax: 917-8093; email: ictsd@ictsd.ch; web: http://www.ictsd.org.

 

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