Reinvigorating the WTO as a negotiating forum
2019
Nakagawa, Junji | Akman, Sait | Berger, Axel | Bianchi, Eduardo | Chi, Manjiao | Laborde Debucquet, David
The multilateral trading system is on the verge of a crisis arising from, among others, the dysfunction of the WTO as a forum for trade liberalization and trade related rule-making. The G20 should tackle with this challenge in a proactive and innovative manner by reinvigorating the WTO as a forum for negotiation. Possible policy options include multilateral agreements with multi-speed implementation, plurilateral agreements and critical mass agreements, but priority should be on multilateral agreements with multi-lanes. Possible themes for such negotiations can be e-commerce and investment facilitation.
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