CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Where will the 12th Ministerial Conference of the World Trade Organization hold?
A
Dhaka
B
New York
C
New Delhi
D
Geneva
Explanation: 

Detailed explanation-1: -All members of the WTO are involved in the MC and they can take decisions on all matters covered under any multilateral trade agreements. The WTO’s 12th Ministerial Conference was held in Geneva from 12-17 June.

Detailed explanation-2: -On 1 March 2021, the WTO announced that WTO members agreed to convene MC12 during the week of 29 November 2021 in Geneva, Switzerland. The dates were subsequently set for 30 November-3 December 2021.

Detailed explanation-3: -The last Ministerial Conference took place in Geneva, in June 2022.

Detailed explanation-4: -At the 12th Ministerial Conference (MC12) in June 2022, WTO members secured multilaterally negotiated outcomes on a series of key trade initiatives - the so-called Geneva Package - comprising ten agreements, declarations and decisions.

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