The 25th anniversary of the founding of the World Trade Organization

Original title: Dialogue on the reform of the 25th anniversary of the founding of the WTO

worldBusiness organizationA high-level online dialogue meeting was held on the 19th to commemorate the 25th anniversary of the organization’s establishment.International organizations, Government andcompanyThe representatives emphasized at the meeting that the rulesinternational tradeThe system still has practical importance today, but the WTO also needs to update its rules to accommodate changes in the trading environment.

Palmland, vice president of the Swiss Confederation, emphasized thatinternational tradeIt is the solution to the problem rather than the problem itself The new corona epidemic highlights the WTO andMultilateral tradeThe continuing importance of the system The rules established within the framework of the WTO ensuremarketAnd an open market is essential for a rapid economic recovery. “The current crisis shows once again that we are interdependent and that it is important to cooperate to find solutions to real problems.”

Wang Shouwen, China’s Vice Trade Minister, said that the WTO has made historic contributions to improve people’s living standards and lift hundreds of millions of people out of poverty. Even in the shadow of the new corona epidemic, members have basically abided by the principles of the WTO and taken more steps to promote trade rather than hinder it. Although it has not yet been resolved with the participation of the Appellate Body, the appointment of the new Director General,Agricultural subsidiesAnd other issues disagree, but the members are involvedinvestmentThe debate on international standards in the fields of facilitation and electronic commerce shows that the WTO can still make a difference.

Rwanda trade andindustryMinister Soraya Hakuzia Remiye encouraged WTO members to actively commit to completing thenegotiationHe also said that he hoped the WTO would support the African continent.free tradeBuilding districts to ensure that Africa will bring more prosperity and a brighter future through more open trade.

David Walker, Chairman of the WTO General Council, said that since the establishment of the WTO, it has been supporting global economic growth.ChangheIt played a central role in maintaining economic stability. But the world today is very different than it was 25 years ago. The WTO needs to update and adjust its rules to adapt to the ever-changing trading environment.

Alan Wolfe, Deputy Director-General of the World Trade Organization, also stated that the WTO must implement “institutional and substantive” reforms to enhance resilience. “It requires all WTO members to invest a lot of time and energy to reestablish aobjectives”。

The WTO was established in 1995 and currently has 164 members and currently covers 98% of world trade. Its predecessor was the General Agreement on Tariffs and Trade.

(Article source:Xinhuanet）

(Responsible editor: DF537)