Structural Crisis of the Global Trade Order Post-Yaoundé WTO Conference (affarinternazionali.it)

• Stall of institutional WTO reform at MC14.
• Transition towards fragmented trade blocks.
• Impact of unilateralism on global trade stability.

"The 14th WTO Ministerial Conference in Yaoundé failed to deliver necessary reforms, signaling a shift from multilateralism to fragmented plurilateral trade blocs. Increasing protectionist policies, led by the US, alongside operational stalemates, suggest a breakdown of the global trade order. This fragmentation poses significant challenges to international market stability and the effectiveness of traditional trade dispute resolution mechanisms."