Results of the WTO Ministerial Conference in Abu Dhabi and new priorities of D. Trump's trade policy

The article examines the results of the WTO Ministerial Conference held in 2024 in Abu Dhabi (UAE). The signing of the final Declaration which outlined the commitment of WTO members to the international trading system was noted. The agreement was reached on the reform of the dispute settlement system. The reasons for not signing new agreements on agriculture and fisheries are revealed. The polar approaches of countries on the issue of simplifying investment procedures are noted. The reasons for the need to reform the WTO are substantiated. The strategic priorities of D. Trump's trade policy are identified. A conclusion is made about preserving the WTO's status as the main international forum in the future.

Authors

Publication Details

Journal
Russian Journal of Management
Published
2025-02-27
DOI
https://doi.org/10.29039/2500-1469-2025-13-1-233-241
Primary Topic
Global Political and Economic Relations
Type
article
Field-Weighted Citation Impact
0.00
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article

Results of the WTO Ministerial Conference in Abu Dhabi and new priorities of D. Trump's trade policy

Larisa Chuvahina
Russian Journal of Management
Global Political and Economic Relations
article

Results of the WTO Ministerial Conference in Abu Dhabi and new priorities of D. Trump's trade policy

Larisa Chuvahina
article en

Abstract

The article examines the results of the WTO Ministerial Conference held in 2024 in Abu Dhabi (UAE). The signing of the final Declaration which outlined the commitment of WTO members to the international trading system was noted. The agreement was reached on the reform of the dispute settlement system. The reasons for not signing new agreements on agriculture and fisheries are revealed. The polar approaches of countries on the issue of simplifying investment procedures are noted. The reasons for the need to reform the WTO are substantiated. The strategic priorities of D. Trump's trade policy are identified. A conclusion is made about preserving the WTO's status as the main international forum in the future.

Russian Journal of ManagementVol. 13(1)
Openalex Percentile: Top 96%
Global Political and Economic Relations
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