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Arrange the following Trade Negotiation Rounds of World Trade Organization (WTO) in the order of their occurrence from oldest to latest:A. Bali Confer
Question

Arrange the following Trade Negotiation Rounds of World Trade Organization (WTO) in the order of their occurrence from oldest to latest:

A. Bali Conference
B. Geneva Conference
C. Hong Kong Conference
D. Cancun Conference
E. Doha Conference

Choose the correct answer from the options given below:

A.

A, B, C, E, D

B.

B, C, D, E, A

C.

A, B, C, D, E

D.

E, D, C, B, A

Correct option is D

The correct chronological order of the WTO Trade Negotiation Rounds is as follows:

  1. E. Doha Conference (2001): The Doha Development Round was launched in Doha, Qatar, to address trade barriers and developmental issues in global trade.
  2. D. Cancun Conference (2003): The 5th WTO Ministerial Conference held in Cancun, Mexico, focused on reviewing the progress of the Doha Round but ended in disagreement.
  3. C. Hong Kong Conference (2005): The 6th Ministerial Conference in Hong Kong aimed to make progress in trade liberalization and developmental issues.
  4. B. Geneva Conference (2009): The 7th Ministerial Conference took place in Geneva, Switzerland, focusing on the multilateral trading system.
  5. A. Bali Conference (2013): The 9th Ministerial Conference held in Bali, Indonesia, achieved a significant breakthrough with the Trade Facilitation Agreement (TFA).

Thus, the correct order is: E (Doha) → D (Cancun) → C (Hong Kong) → B (Geneva) → A (Bali).

Information Booster:

Key Details of Each Conference:

  1. Doha (2001): Initiated the Doha Development Agenda, focusing on reducing trade barriers and addressing developmental issues.
  2. Cancun (2003): Stalled negotiations due to disagreements between developed and developing countries over agricultural subsidies and trade rules.
  3. Hong Kong (2005): Progressed on the Doha Agenda by agreeing to eliminate agricultural export subsidies by 2013.
  4. Geneva (2009): Highlighted the importance of the multilateral trading system during the global financial crisis.
  5. Bali (2013): Marked a milestone with the adoption of the Trade Facilitation Agreement (TFA), the first major trade deal since the WTO's establishment.

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