PAC 143 – The WTO Stalled by Multilateralism The Tenth Ministerial Conference, Nairobi, December 15-19, 2015

By Valérie Le Brenne. Translation: Lea Sharkey

The WTO’s 10th Ministerial Conference was held in Nairobi, Kenya, from December 15 to 19, 2015. On this occasion, the organisation welcomed a new member, Afghanistan, increasing the number of member States to 163. The meeting culminated in the adoption of six measures on agriculture, cotton and issues related to least-developed countries (LDCs).

PAC 131 – A Multilateral Bank Between Cooperation and Predation The signing of the AIIB articles

By Justin Chiu. Translation: Lawrence Myers

On June 29, 2015, the signing ceremony of the statutes of the AIIB (Asian Infrastructure Investment Bank) was held in Beijing. Bringing together 57 countries worldwide, this new multilateral bank has established a $100 billion fund of which 30% comes from China. Considered a diplomatic success of the Chinese state, the creation of the AIIB marks a turning point in global finance.