multilateral trade


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See: commerce
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They will also convey to policymakers the need for a strong parliamentary dimension to the multilateral trade system as legislators are responsible for effective oversight of international trade negotiations and for scrutinizing implementation of commitments entered into by governments.
Their efforts will be continued at political level at the World Economic Forum in Davos from 24 to 28 January, where the key actors in the multilateral trade talks will meet informally.
We clarify the business implications of multilateral trade agreements and explain to exporters in developing and transition economies how they can benefit from the rules-based trading system.
The current impasse can be attributed to the fact that the WTO, as an institution which promotes free trade, and the role of the multilateral trade round as a forum for hashing out new trade policies, are undergoing a transformation.
The WTO's ministerial meeting in Seattle late last year collapsed without charting a specific course for launching the new round of multilateral trade negotiations due to differences over key trade issues among WTO members and developing countries' anger over the trade body's decision-making process.
In order to fully reap the benefits of regional trade agreements (RTAs) and make sure they do not result in regional protectionism, it is crucial to pursue RTAs in the context of multilateral trade liberalization, she said.
The world trade agenda aims to define multilateral trade negotiation priorities for business.
Nuno Limao from the University of Maryland said PTAs were delaying multilateral trade liberalisation and entrenching costly discrimination.
The Hiranuma-Zoellick meeting to be held during a coffee break on the second day of the two-day Asia-Pacific Economic Cooperation (APEC) forum conference will focus on how to launch a new round of multilateral trade liberalization talks under the World Trade Organization (WTO), according to the official.
As for the two goals, they are agreements to start the next round of multilateral trade negotiations in 2001, and to enable everyone in APEC countries to have access to the Internet by 2010.
The World Trade Organization (WTO) should step up assistance to least-developed countries (LDCs) under a new multilateral trade round, WTO Director General Mike Moore said Monday.

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