25/11/2014 WTO | 2014 News items ­ Azevêdo Applauds India­Us Agreement on Key Bali Issues

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WTO: 2014 NEWS ITEMS

13 November 2014
DIRECTOR‐GENERAL
Azevêdo applauds India‐US agreement on key Bali issues
Director‐General Roberto Azevêdo today welcomed the news that the US and India have agreed on the way
forward for implementing key elements of the package of agreements reached last December at the WTO
Ministerial Conference in Bali.

Differing views on the implementation of two of these accords, the Trade RSS news feeds
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on Bali Issues
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overcome the present stalemate and to promptly implement all Bali
ministerial Decisions.

The Director‐General said:

"This breakthrough represents a significant step in efforts to get the Bali

package and the multilateral trading system back on track. It will now be
important to consult with all WTO members so that we can collectively
resolve the current impasse as quickly as possible.

"Implementation of all aspects of the Bali package would be a major boost

to the WTO, enhancing our ability to deliver beneficial outcomes to all our
members.

"Advancing our work toward a permanent solution on public stockholding

and the implementation of the Trade Facilitation Agreement, including its
provisions for technical assistance for developing countries, will be integral
to this work. I will also continue to ensure that LDC issues are given the
prominence they deserve".

While stressing that the India‐US understanding would represent a major

step forward, the Director‐General stressed that Members would need to
redouble their efforts in order to minimize the delays provoked by the
impasse on the conclusion of the post‐Bali work program.

"The Post‐Bali work program remains a priority. Members will need to

make every effort to get it back on track as quickly as possible," the
Director‐General added.

The Director‐General will be discussing these recent developments and the

broader agenda to strengthen the multilateral trading system with G20
Leaders in Brisbane this weekend.

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