At the opening of the 14th World Trade Organization (WTO) Ministerial Conference in Yaoundé (Cameroon), on Thursday 26 March, the Council of the European Union adopted initial conclusions stressing the importance of stability and predictability in an increasingly fragmented economic order (see EUROPE B13836A5).
First and foremost, it recognises the urgent need for far-reaching reform of the international organisation, without which it risks “diminished relevance, further eroding the...