By Jonathan Reuvid
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Additional info for A Handbook of World Trade: A Strategic Guide to Trading Internationally
Those on financial services and telecommunications ended in 1997, and on the movement of natural persons in mid-1995, with modest results. MINISTERIAL CONFERENCES AND THE FALLOUT FROM SEATTLE Since the establishment of the WTO, five Ministerial Conferences have been held: the first in Singapore in 1996, the second in Geneva in the Spring of 1998, the third (and most infamous one) in 1999 in Seattle, Washington, USA, the fourth in 2001 in Doha, Qatar, and the fifth in 2003 in Cancun, Mexico. The first Ministerial Conference was notable for setting out future work in the areas of implementation of the UR agreements, which has turned out to be a serious problem for developing countries.
Moore began his term in September 1999, three months before the Seattle Ministerial. In the mean time, during the height of the preparatory period, the WTO was a vessel in unchartered waters. Matters could not have been worse when, in the middle of the year, the entire European Commission was replaced, and with it a highly experienced trade negotiating team. On the US side, Trade Representative Charlene Barshevsky, as the host of the Ministerial Conference, would also chair it. Her skills were known to be more on the bilateral than the multilateral side of trade negotiations.
The charter included chapters on employment, development, antitrust, investment, agriculture and substantial exceptions to liberal trade rules. The International Chamber of Commerce (ICC), representing the liberal and business thinking of that time, was one of its most outspoken critics. It was considered that the charter encouraged the use of trade restrictions as a remedy for domestic policy mistakes and to accord precedence to national full employment policies at the expense of international cooperation (Curzon, 1965).