Background:
The 13th Ministerial Conference (MC13) of the World Trade Organization (WTO) convened from February 26 to March 2, 2024, in Abu Dhabi, United Arab Emirates (UAE). Representatives from around the globe assembled to assess the efficacy of the multilateral trading system and to strategize on the future endeavours of the WTO. This pivotal gathering was overseen by H.E. Dr Thani bin Ahmed Al Zeyoudi, the Minister of State for Foreign Trade of the UAE. The former caretaker Minister for Commerce, Industry and Investment, Dr. Gohar Ejaz, led the Pakistan delegation at the conference. Serving as the singular global entity dedicated to regulating trade norms among nations, the WTO operates on the foundation of agreements collectively negotiated and endorsed by the majority of the world’s trading nations, subsequently ratified within their respective legislative bodies. The organization’s primary objective is to facilitate the seamless conduct of business for producers, exporters, and importers of goods and services.[1]
