The WTO isn't solving the problems of global trade. Maybe the answer is for it to try to do less
Briefly

The 13th Ministerial Conference (MC-13) resulted in minimal progress, with countries merely agreeing to continue discussions on pressing global trade issues like AI and data governance.
While there were some achievements, including an agreement to enhance foreign direct investment in developing nations, critical topics like AI and data governance were neglected.
The lack of comprehensive reforms at the WTO reflects its growing detachment from the contemporary realities of trade, leaving key issues unaddressed.
With the stagnation in negotiations around digital economy norms and global supply chain restructuring, the WTO's silence on pressing issues highlights a broader challenge for global trade.
Read at Fortune Asia
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