Facilitation and links to China's OBOR
Raghavan, Geneva, 22 May 2017)
stalemate over the agenda at the General Council last week, resolved
on 18 May with a compromise of sorts by the statement from the GC
Chair, Amb. Xavier Carim of South Africa, has nevertheless brought
to the fore many questionable practices of the secretariat and major
systemic issues that, if left unresolved, may soon result in causing
irreparable damage to the WTO multilateral trading system.
Facilitation proposals and India's objections
Raghavan, Geneva, 19 May 2017)
several proposals put forward (in Job documents) for inclusion in
the General Council Agenda for 10 May, with a view to secure some
"deliverables" on Investment Facilitation at the eleventh
WTO Ministerial Conference in Buenos Aires this December, have been
modified now (in the GC Chair's compromise statement) to be merely
"Communications" without calling for any GC decisions.
and others ensure IF can't be discussed formally at WTO
Ravi Kanth, Geneva, 19 May 2017)
along with several developing countries on Thursday (18 May) ensured
that investment facilitation cannot be discussed formally at the World
Trade Organization, causing a huge setback to China, Russia, Brazil,
Argentina, and others who sought to sneak in the failed (OECD mediated)
Multilateral Agreement on Investment in a new avatar into the global
trade body, trade envoys told SUNS.
blocks GC over agenda item on Investment Facilitation
Ravi Kanth, Geneva, 11 May 2017)
on Wednesday blocked the proceedings of the World Trade Organization
General Council on grounds that the agenda includes proposals to discuss
the controversial issue of investment facilitation that is not part
of the WTO's mandate, trade envoys told SUNS.
India-South Africa nix move for Investment Facilitation accord
Ravi Kanth, Geneva, 9 May 2017)
sustained push by Germany to revive the failed Multilateral Agreement
on Investment (MAI) under the banner of an Investment Facilitation
agreement foundered on Friday (5 May) at the G20 technical experts'
meeting in Berlin.
efforts to bring long-buried MAI into WTO
Ravi Kanth, Geneva, 2 May 2017)
group of countries - Argentina, Brazil, China, Russia, Hong Kong (China),
Mexico, Nigeria, Colombia, Korea, and Australia among others - has
stepped up its efforts to bring back the long-buried Multilateral
Agreement on Investment (MAI) to the World Trade Organization in the
form of an Investment Facilitation Agreement for Development, several
trade envoys told SUNS.
majority of South nations opposed to "investment facilitation"
Ravi Kanth, Geneva, 12 April 2017)
large majority of developing and least-developed countries, including
India and South Africa, remain firmly opposed to attempts by Russia,
China, Brazil, and five members of the MIKTA - Mexico, Indonesia,
Korea, Turkey and Australia - group for starting discussions on investment
facilitation at the World Trade Organization, trade envoys told SUNS.