World Trade Organization Ministerial Conference of 2001

World Trade Organization Ministerial Conference Of 2001

The Fourth Ministerial Conference of the World Trade Organization, also known as the WTO Fourth Ministerial Conference, was held at the Sheraton Doha Hotel and Resort, Doha, Qatar from November 9-13, 2001. At this conference, ministers from all WTO members launched the Doha Development Agenda.

At the conference, trade ministers agreed to undertake a new round of multilateral trade negotiations. The ministers passed two declarations. The first, the main declaration folded the on-going negotiations in agriculture and services into a broader agenda, which is commonly known as the Doha Development Round. In addition. the Doha agenda included the topic of industrial tariffs, topics of interest to developing countries, changes to WTO rules, and other provisions. The second declaration dealt with the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) and allow government to be flexible of TRIPS to deal with health problems.

The meeting took place just two months after the World Trade Center attack. As a result, some government officials called for greater political cohesion and saw the trade negotiations as a means toward that end. Some officials thought that a new round of multilateral trade negotiations could help a world economy weakened by recession and terrorism-related uncertainty.

Read more about World Trade Organization Ministerial Conference Of 2001:  Ministerial Declaration, Intellectual Property Declaration, China's Accession To The WTO

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