As commerce ministers gather in Cancun, Mexico, for this week’s (10-13 September) World Trade Organisation summit, they will be working to improve and then agree a draft declaration framed by WTO general council chairperson Carlos Pérez del Castillo and director-general Supachai Panitchpakdi.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The draft includes many brackets, indicating where ministers must cobble together a consensus to give guidance to the haltering Doha Development Round. This is especially important regarding the key food trade talks, where the draft suggests detailed Swiss government formula on setting future tariff levels.

Ministers will also debate a joint-EU and US paper on reaching a “modalities” agreement setting out the final goals for the round.

Click here for the full draft.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now