Turkiye lifts objection to IFD pact incorporation

Turkiye has removed its objection to the China-led Investment Facilitation for Development agreement becoming a plurilateral pact within the WTO. The United States has proposed interim plurilateral arrangements for such agreements.

Key takeaways

Quick scan — what you need to know:

• Turkiye has removed its objection to the China-led Investment Facilitation for Development agreement becoming a plurilateral pact within the WTO.
• The United States has proposed interim plurilateral arrangements for such agreements.
• A meeting is scheduled for March 28 to discuss the request from 128 member parties to the IFD pact and assess consensus on a draft ministerial decision.

Background

What led here, in plain terms:

• The United States has proposed interim plurilateral arrangements for such agreements.
• A meeting is scheduled for March 28 to discuss the request from 128 member parties to the IFD pact and assess consensus on a draft ministerial decision.

Why it matters

Why readers and decision-makers should care:

• A meeting is scheduled for March 28 to discuss the request from 128 member parties to the IFD pact and assess consensus on a draft ministerial decision.
• Turkiye has removed its objection to the China-led Investment Facilitation for Development agreement becoming a plurilateral pact within the WTO.
• The United States has proposed interim plurilateral arrangements for such agreements.