Important success at World Trade Organisation Ministerial Conference in Nairobi
Following five days of intensive negotiations in the Kenyan capital, Nairobi, the 162 member countries of the World Trade Organisation (WTO) were able to reach a new global trade agreement. The agreement includes regulations for export support for agricultural products, preferential treatment for least-developed countries and a separate agreement to eliminate tariffs on technology products. Liberia and Afghanistan were welcomed as new members.
"The agreement is a major and significant success for a trade-oriented country such as Sweden," says Mikael Damberg, Minister for Enterprise and Innovation, who attended the conference in Nairobi.
The ministerial declaration also opens the way for Sweden's wish to negotiate new issues in the future. "If the WTO is to keep up with developments it is important that we also start to negotiate new issues such as eCommerce and the digital agenda," says Mr Damberg.
Minister for Rural Affairs Sven-Erik Bucht welcomes the fact that the promise to eliminate export subsidies and reduce other forms of export support has finally been kept. "This is something that developing countries have been demanding for a long time, and an issue that Sweden has long pursued in the EU and the WTO", he concludes.