World Trade Organization General Council Chair Petter Olberg informed members yesterday that a retreat will be convened on July 8-9 to discuss how the WTO can remain a “forward-looking organization” amidst continued stalemates on several issues, said people familiar with the development.
The hidden goal of the retreat seems to be aimed at changing the consensus-based decision-making as enshrined in the Marrakesh Agreement that established the WTO in 1995, said a trade envoy who asked not to be quoted.
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