12TH WTO MINISTERIAL CONFERENCE OPENED AT GENEVA, SWITZERLAND.

About the Conference:

• Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, addresses the opening ceremony of the WTO’s 12th Ministerial Conference in Geneva, Switzerland, on June 12, 2022.
• The Ministerial Conference, which is attended by trade ministers and other senior officials from the organization’s 164 members, is the WTO’s highest decision-making body, and is generally held every two years.
• Kazakhstan was originally scheduled to host 12th Ministerial Conference in June 2020, but the conference was postponed due to the pandemic.
• The 12th World Trade Organization’s (WTO) Ministerial Conference (MC12) opened at WTO headquarters in Geneva, Switzerland.
• Members of the trade organization will hold discussions on such issues as TRIPS (Trade-Related Aspects of Intellectual Property Rights) waiver for COVID-19 vaccines, pandemic response, fishery subsidies, agriculture, food security, as well as the WTO’s reform and its future work priorities.