Future of the WTO or WTO of the Future?
Published 19 July 2022
The success of the recently concluded World Trade Organization (WTO) Ministerial Conference gives hope to its survival. However, considerable work remains to give the WTO a fighting chance, said Hinrich Foundation Senior Research Fellow Stephen Olson in a panel discussion with other trade experts, organized by Indian policy think tank CUTS International.
Olson said the outcomes of the WTO’s 12th ministerial remained wanting and urged for the bar for success to be raised. One reason for the decline of the multilateral trading order was eroding trust among trading partners and in the integrity of the overall system. The WTO may not be able to play the role of an effective trade referee, though it could make important contributions in areas like trade facilitation, he argued.
Catch up on this discussion with Olson and panel experts to understand the importance of WTO reform. The webinar was moderated by Montek Singh Ahluwalia, former deputy chairman of the Planning Commission of India, and featured:
- Anabel Gonzalez, Deputy Director General, World Trade Organization
- Tim Yeend, Associate Secretary, Department of Foreign Affairs and Trade, Australia
- Simon Evenett, Professor, University of St. Gallen
- Victor Do Prado, Senior Fellow, CEBRI (Brazil)
- Stephen Olson, Senior Research Fellow, Hinrich Foundation
- Hamid Mamdou, Senior Legal Counsel, King & Spalding
- Pradeep Mehta, Secretary General, CUTS International
CUTS is an Indian non-government organization working on social justice and economic equity.
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