... transformed from an economic self-regulated process to a political tool used to defeat business competitors. Under the guise of economic rationale, a number of states apply a plethora of restrictions, extraterritorial sanctions, and actions that bypass the WTO with arguments based on national security interests and assumed political and military threats.
As of 2020, the key problems that caused the recession of 2008-2009, have not been resolved. The pandemic has only exacerbated these problems. The world ...
... any type of cooperative management framework (
WWAP, 2015
)”
Another illustration of the breakdown of the current system is of course the propagation of protectionism, bilateralism and the weakening of global multilateral institutions such as the WTO. There are also notable omissions in governance with respect to the lack of integration of regional institutions into the global governance framework, which significantly limits the capability of the world economy to launch new liberalization initiatives ...
Different Opinions of the WTO’s Future
Since early autumn 2018, the issue of reforming the World Trade Organization (WTO) has become an increasingly visible item on the global economic agenda. It was one of the central questions posited in the final communique of the G20 ...
RIAC and CASS Policy Brief #17 / 2018
The period of 2017–2018 marks the beginning of a new political cycle in the internal development of both the Russian Federation and the People’s Republic of China. The starting points for this cycle were the 19th National Congress of the Communist Party of China (CPC) that took place in October 2017 and the victory of Vladimir Putin in the Russian presidential election held on March 18, 2018. The National Congress set the priorities for further reforms and...
... the American market. As karma catches up with Europe, the EU fears receiving the same kind of response from the US that it gave to China earlier in the year. REUTERS/Alfred Cheng Jin Europeans will soon need to sit at several World Trade Organization (WTO) dispute settlements, which will aim to challenge their current standing on the international steel market. The Chinese Ministry of Commerce warned the EU that it will take “necessary measures to protect the legitimate interests of seriously hurt ...
... All TPP countries are APEC economies. Australia, Canada, Mexico, the United States and Japan are G20 member-states.
It is important to note that none of the provisions in the TPP agreement contradicts the principles of the World Trade Organization (WTO). However, TPP launches a process of highlighting the most sophisticated international trade rules that suit a limited group of interested participants. In the future these next-generation rules may serve as a tool for exclusion of non-participating ...
... discussions of the Trans-Pacific Partnership (TPP) agreement at the G20 summit in Turkey's Antalya on Nov. 15-16 and hopes to see the text of the deal, Russian Deputy Foreign Minister Sergey Ryabkov told TASS on Monday.
"The undermining of the WTO [World Trade Organization] is the source of serious worries for us," the diplomat said.
"We believe that the United States, which initiated work on the TPP formation, did so in the non-transparent way, without not only a due and simple involvement,...
... union. At he same time, the government
is holding negotiations
with the World Trade Organization, and on September 13 the parties agreed on a road map on Byelorussia’s accession to the organization. Russia
has promised
to help Minsk to become a WTO member.
Belarus views the EEU as an economic union that can survive global turbulence.
What are the ideas and projects that Belarus intends to realize within the EEU? What does the Belarusian society think of integrating into the new union? What ...
On July 27, 2015 President of the Republic of Kazakhstan Nursultan Nazarbayev and WTO Director General Roberto Azevedo
signed
a Protocol on Kazakhstan’s accession to the World Trade Organization. Technically, the negotiations were completed on June 10, and an Accession Package detailing Kazakhstan’s terms of WTO membership ...
... December 2013 Bali Ministerial Conference, which, contrary to the expectations of many, was a success and led to the adoption of a full package of agreements.
The trade facilitation agreement, which may become the first legal instrument adopted since the WTO was established in 1995; a package of agreements restricting export subsidies and agricultural support programmes; agreements on food security, including those relating to restrictions on food procurement by government – these are the key issues ...
