Finance
WTO fixes date for major meeting in Cameroon in early 2026
Published by Global Banking & Finance Review®
Posted on December 16, 2024
2 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 16, 2024
2 min readLast updated: January 27, 2026
The WTO will hold its ministerial conference in Cameroon in 2026, focusing on global trade rules and investment opportunities amidst challenges like trade wars.
GENEVA (Reuters) - World Trade Organization members agreed on Monday to hold the next ministerial conference in Cameroon in early 2026, the global trade watchdog said in a statement.
The WTO holds such conferences every two years where trade ministers from around the globe gather to try to reach deals to set or update new trade rules.
Cameroon's ambassador Salomon Eheth told a WTO meeting in Geneva he hoped the event scheduled from March 26-29, 2026 would be an opportunity to show the world the potential of Cameroon and Africa for investment and sustainable development, the WTO statement said.
Analysts expect the road ahead for the three-decade-old WTO will be challenging, likely characterised by trade wars with U.S. President-elect Donald Trump, who returns to the White House on Jan. 20.
The organisation has struggled to conclude negotiations in recent months and its last meeting in Abu Dhabi in February achieved only minimal results in negotiations where all 166 of the body's members must agree by consensus.
WTO Director-General Ngozi Okonjo-Iweala, who was re-appointed in November for a second term, said in a Geneva meeting last week that negotiators needed a fresh approach to negotiations in order to break the current deadlock.
"We must focus on delivering outcomes wherever and whenever possible," the former Nigerian finance minister said. "Negotiating in the 2020s requires a more dynamic approach, one where each area is considered on its own merits, allowing us to make progress across the board."
(Reporting by Emma Farge, editing by Rachel More)
The main topic is the WTO's decision to hold its next ministerial conference in Cameroon in 2026.
The WTO faces challenges like trade wars and difficulties in reaching consensus in negotiations.
The WTO Director-General is Ngozi Okonjo-Iweala, re-appointed for a second term.
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