The trade and economic fallout of the pandemic (Guyana Chronicle)

Guyana Chronicle published an article about the upcoming WTO conference. Latin America and the Caribbean will occupy center stage at the next WTO conference. A context of uncertainty and the failure to make significant advancements on issues that are important to the agenda of the World Trade Organization (WTO) have set the climate, prior to this year’s 12th Ministerial Conference (MC12) of the governing body of global trade, according to a publication by the Inter-American Institute for Cooperation on Agriculture (IICA) and IFPRI. The joint publication, The Road to the WTO Twelfth Ministerial Conference: A Latin American and Caribbean Perspective argues that geopolitical changes and the COVID-19 pandemic have drastically impacted the institutional priorities of countries and of the WTO itself. Moreover, the global economy has deteriorated substantially over the last two years, suffering structural impact and affecting areas such as trade and food security, particularly in Latin America and the Caribbean.