Bali will host an inter-ministerial meeting of the World Trade Organization (WTO) during the first week of December 2013.
The 9th Ministerial Conference (MC9) is being hosted by Indonesia while the exact dates of the meeting in early December will only be decided at the end of the European Summer holidays.
The meeting in Bali is seen as critical, taking place during a world economic crisis when a strong commitment to world trade is viewed as essential to helping alleviate the current downturn.
The meeting is also pegged to help restart stalled negotiations on theDoha Accords meant to dismantle obstacles to trade among poor nations.
Organizers of the event have lauded the location selected for the meeting, citing the “exotic ambiance, the warm weather and the hospitality of the people of Bali” as having the potential to “rejuvenate and renew the constructive spirit” of the Doha negotiations.
The Ministerial Conference is the highest decision making body of theWTO and is held once every two years.