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Option 4 : Kazakhstan

The correct answer is Kazakhstan.

  • The 12th Ministerial Conference (MC12) of the World Trade Organization (WTO) was held in June 2022 at WTO headquarters in Geneva. WTO conference was co-hosted by Switzerland and Kazakhstan.
  • It was chaired by Deputy Chief of Staff of Kazakhstan's President Mr. Timur Suleimenov.
  • MC12 was originally planned to take place in June 2020 in Nur-Sultan, Kazakhstan, but was deferred due to the COVID-19 pandemic.
  • The key areas of discussions at WTO's conference on the Covid 19 pandemic were: Fisheries subsidies negotiations, Agriculture issues consisting of Public Stockholding for Food Security, WTO Reforms, and Moratorium on Customs Duties on Electronic Transmission.

  • In response to the continuing impact of COVID-19, members adopted a Ministerial Declaration on the WTO response to the current and future pandemics:
    • This included a waiver Agreement on “Trade-Related Aspects of Intellectual Property Rights (TRIPS)" regarding the use of mandatory licenses to produce COVID-19 vaccines.
    • The MC12 agriculture comprised a Ministerial Declaration on the emergency response to "food insecurity" and a Ministerial Decision on exempting "World Food Programme (WFP)" humanitarian food purchases from export prohibitions or restrictions.
    • WTO members have forged an Agreement on "Fisheries Subsidies" that sets new global rules to curb harmful subsidies and protect global fish stocks. The agreement prohibits support for illegal, unreported, and unregulated (IUU) fishing.
    • As part of their Ministerial Decision on the Work Programme on "electronic commerce", WTO members agreed to not impose customs duties on electronic transmissions and to intensify discussions among members on this topic. The moratorium will remain in effect until MC13 due to be held by the end of 2023 or until 31 March 2024 should MC13 be delayed beyond that date.
    • WTO members agreed to temporarily waive intellectual property patents on Covid-19 vaccines without the consent of the patent holder for 5 years so that they can more easily manufacture them domestically.
  • World Trade Organization(WTO):
    • Founded: 1st January 1995
    • Headquarters: Geneva, Switzerland
    • Director-General: Ngozi Okonjo-Iweala
    • Members: 164
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