Understanding the WTO MC-13 Location
The 13th World Trade Organisation's Ministerial Conference (MC-13) is the highest decision-making body within the World Trade Organisation (WTO). It brings together trade ministers from member economies to review and discuss global trade issues and chart the future course of the multilateral trading system.
MC-13 Venue Identified
The specific location for the 13th World Trade Organisation's Ministerial Conference (MC-13) was confirmed to be Abu Dhabi, the capital city of the United Arab Emirates.
Key Details of MC-13
- Event Name: 13th World Trade Organisation's Ministerial Conference (MC-13)
- Host City: Abu Dhabi, United Arab Emirates
- Date: The conference was held from February 26 to March 2, 2024.
- Importance: MC-13 was a critical meeting for addressing contemporary trade challenges and advancing negotiations on various WTO agreements.
Analysis of Options
Let's look at the options provided:
- Geneva: While Geneva serves as the headquarters for the WTO, it was not the location for MC-13.
- Abu Dhabi: This is the correct location where the 13th World Trade Organisation's Ministerial Conference (MC-13) took place.
- Buenos Aires: This city hosted the 11th WTO Ministerial Conference (MC-11) in 2017.
- Cameroon: This African nation is a WTO member but did not host MC-13.
The 13th World Trade Organisation's Ministerial Conference (MC-13) was successfully hosted in Abu Dhabi, fostering important discussions on global trade policy.
Important Questions from International Economic Organisations & India
- As per the latest trade agreement in Bali Ministerial Conference of WTO, India and other developing and under developed countries can launch food security programmes :
- Which of the following most suitably captures the meaning and essence of 'globalization'?
1. It is about conducting external relations between two or more States of the world
2. It is a process of coming together of world-wide social relations bypassing territories
3. It refers to thinking transterritorially about global risks affecting people
4. It has a wishful vision of suprastate governance
Select the correct answer using the code given below : With reference to the World Trade Organisation (WTO), consider the following statements :
I. Its headquarters are located in Geneva, Switzerland.
II. As of December 2024, it has 166 member countries.
III. India is a founding member of the organisation.
IV. It was established in 1945 along with the United Nations system.
Which of the statements given above are correct?
The basic foundation of global economic governance in the post second World War was laid by various institutional frameworks. Which of the following combinations is correct?
a) IMF, World Bank, GATT
b) IMF, World Bank, Asian Development Bank
c) World Bank, GATT, BRICS
d) Asian Development Bank, IMF, IBRD
Options:
- Which International Organisation replaced the General Agreement on Tariffs and Trade (GATT) in 1995, acting as a key driver for globalization?
