The sources added that this has been decided at the conclusion of the fifth Round of Pakistan-Thailand Trade negotiations committee
(PATHFTA) meeting which was held on November 16-17,2016 in Bangkok.
At the conclusion of the Round, the developed countries were confronted with rival codes and amendments proposed by developing countries, with demands that only codes adopted by the Trade Negotiations Committee
(TNC) with a two-thirds majority could enter into force, and (at least partially successful) resistance against the conditional-MFN elements of the codes.
The retreat by the National Trade Negotiations Committee
is hoped to recognize and be specific on prime zones that Kenya will prioritize amid the approaching Ministerial Conference.
The negotiations were to be conducted by a newly created Trade Negotiations Committee
(TNC) supported by sector committees and groups.
At an informal meeting of the Trade Negotiations Committee
of the WTO in Geneva, Director-General Roberto Azevedo said the July 31 deadline was more than "just another minor procedural landmark," warning that the failure to reach a deal would have "significant consequences.
The only option is to make a last-ditch attempt - to continue this effort and continue our work for a few more days," Azevedo told the WTO Trade Negotiations Committee
as the official target date expired.
At a meeting of the WTO's Trade Negotiations Committee
, Lamy laid out a programme of intensified work for the coming months, starting in December, endorsed by almost all 153 members.
Paper read at Informal Trade Negotiations Committee
(TNC) Meeting, June 21, 2010, in Geneva, Switzerland.
The FTAA negotiations, however, are at a crossroads, with Brazil and the United States, the co-chairs of the Trade Negotiations Committee
(TNC) that oversees the process, at odds over how to proceed.
Lamy made the recommendation after the six most powerful agricultural trading members--the European Union, United States, India, Brazil, Japan and Australia (the G6)--failed to come up with a solution to the problems that had prevented the Trade Negotiations Committee
Speaking after a meeting of the organisation's trade negotiations committee
, Lamy said: "We will certainly not conclude the round this year.
The prospect emerged during a meeting in Geneva of the WTO's Trade Negotiations Committee
, following an agreement reached at an unofficial ministerial gathering in January to conclude the ongoing Doha Round global market-opening talks by the end of 2006.