Trade and Investment
The tenth Ministerial Conference (MC10) of the World Trade Organisation (WTO) concluded today, a day after its scheduled duration. Those of us who were in Nairobi, however are still contemplating how it is possible to have a successful outcome despite the fundamental differences among members on crucial issues. How come the MC10 which was at one point on the verge of collapse sailed through? Why a country like India with a 1.2 billion population was silenced and forced to accept a BAD deal compromising its policy space and above all its sovereignty?
Afsar Jafri, Focus on the Global South, Nairobi, 17thDecember 2015:
By Afsar Jafri
This morning our Philippines Head of Office, Joseph Purugganan, appeared on the Market Edge program on ABS-CBN news to discuss the impact of Asia-Pacific Economic Cooperation (APEC) on the Philippines.
Joseph asserts that the APEC economic agenda would lead to 1) greater inequality and wealth concentration, 2) further destruction of the environment and worsening of the climate crisis and 3) the erosion of peoples' rights.