World Trade Organization Director: Chris Menendez
The World Trade Organization is the principal intergovernmental organization that regulates international trade since the signing of the Marrakesh Agreement that established it in 1994, replacing the General Agreement on Tariffs and Trade on January 1, 1995. The WTO provides frameworks for the negotiation of trade agreements between its participating member states. The latest round of negotiations began in 2001 and is known as the Doha Development Round. Negotiations have broken down during this round due to disputes between developed and developing member states. The first topic deals with agricultural subsidies in developed economies, an important issue to developing states and a major barrier to the successful completion of the Doha round. The second issue asks delegates to deal with the further reduction of Tariffs and other barriers to trade. This committee will simulate a WTO plenary debate on two of the most contentious agenda items of the Doha Round. As a plenary session, the resolutions coming out of this committee will only establish a general framework for further negotiations. Although only a majority vote is needed to pass resolutions in the plenary debate, it is highly emphasized that near consensus is achieved.
Topic 1: Agriculture Topic 2: Tariff and Trade Barrier reductions