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The Bali Package is a trade agreement resulting from the Ninth Ministerial Conference of the World Trade Organization in Bali, Indonesia on 3–7 December 2013. It is aimed at lowering global trade barriers and is the first agreement reached through the WTO that is approved by all its members.
The Ninth World Trade Organization Ministerial Conference was held in Bali, Indonesia from 3 to 7 December 2013. [1] The conference was chaired by the Indonesian Trade Minister Gita Wirjawan. [2] In this conference, 159 members of World Trade Organization agreed to the Bali Package which aims to ease barriers to international trade. [3]
The last agreement to date, the Bali Package, was signed on 7 December 2013. References These references will appear in the article, but this list appears only on this page.
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Trade negotiators generally refer to Article 13 of the World Trade Organization's Agreement on Agriculture as the Peace Clause.Article 13 holds that domestic support measures and export subsidies of a WTO member that are legal under the Agreement on Agriculture cannot be challenged by other WTO members on grounds of being illegal under the provisions of another WTO agreement.
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The Tenth World Trade Organization Ministerial Conference was held in Nairobi, Kenya from 15 to 19 December 2015. The conference was chaired by the Kenyan Foreign Affairs Minister Amina Mohamed.