Quota Formula Review - Initial Considerations
Executive Directors welcomed the opportunity to initiate discussions on the quota formula review, which is to be concluded by January 2013.
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Volume 2012
Issue 029
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Summary
Executive Directors welcomed the opportunity to initiate discussions on the quota formula review, which is to be concluded by January 2013. They recalled that the agreement to conduct a comprehensive review of the formula was an integral part of the quota and governance reform agreed in 2010. Directors stressed the importance of agreeing on a quota formula that better reflects members’ relative positions in the global economy for future discussions on the 15th General Review of Quotas
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