WTO Leadership Criteria Candidates to become the next leader of the WTO have begun taking turns before the body and pitching why they should be selected. Jesus Seade (Mexico) blamed a lack of WTO resources and said he would emphasize development. Abdel-Hamid Mamdouh (Egypt) blamed a lack of ideas of how to deal with Special and Differential Treatment, and the Appellate Body. Ngozi Okonjo Iweala (Nigeria) advised rebuilding trust, ensuring disciplines on transparency and notifications, and ending export restrictions on food and medicine. There is a wide chasm in the WTO to bridge. The easiest approach for candidates is to talk about development. Most members are self-described developing countries and they are desperate to hang on to their...
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.