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Multilateral / WTO

The World Trade Organisation (WTO) is the guardian of the multilateral trade rules. Having emerged in 1995 from the General Agreement on Tariffs and Trade (GATT) that initially only covered trade in goods, the WTO has since developed rules that cover every aspect of international trade, for instance services and intellectual property rights. It also administers international agreements and hosts an unprecedented dispute settlement procedure.

Currently under the Doha Development Agenda, the WTO and its 161 members are working towards the revision of trade rules and an improved market access, although with slow progress. BusinessEurope remains a strong advocate of the WTO. However, in a constantly changing economic landscape, characterised by global value chains and the impact of the financial crisis on international trade, it is crucial that the WTO becomes a modern organisation that is effectively responding to these challenges. The successful 9th WTO Ministerial Conference in Bali in December 2013, in particular the adoption of the Trade Facilitation Agreement, gave impetus to the Doha Round negotiations and raised expectations about the possibility of concluding a market access agreement.

BusinessEurope supports a WTO work programme that:

  • Focuses on the conclusion of the Doha Round negotiations, achieving ambitious elimination of tariff and non-tariff barriers;
  • Looks beyond the Doha Round negotiations towards the conclusion of plurilateral agreements, for instance on services or information and technology, as well as into other trade-related areas such as competition, investment or export restrictions.

Publications

Position papers Date
Business groups: Urgent action needed to reform the WTO 23/10/2018
Reinvigorating the WTO - Safeguarding a strong and effective multilateral trading system 02/10/2018
A strong WTO: against protectionism, for the benefit of all 01/12/2017
Post-Nairobi work programme of the WTO - a BusinessEurope discussion paper 04/04/2016
BusinessEurope recommendations for a future WTO post-Bali work programme 17/02/2015
WTO - BusinessEurope position on the Bali Ministerial conference (MC9) 29/11/2013
The Doha Round and the future of the WTO - a BusinessEurope position paper 12/12/2011
Press releases Date
Reforming the WTO: this is a now or never moment 02/10/2018
US duties – Bad news for the World Economy 31/05/2018
EU and US need to work together on key international issues like trade and sanctions 13/02/2018
11th WTO Ministerial Conference: business calls for a strong WTO, against protectionism, for the benefit of all 04/12/2017
EU launched third WTO case against China’s export restrictions of raw materials 19/07/2016
Implementation of WTO Trade Facilitation Agreement put at risk 30/07/2014
WTO deal on trade facilitation will smooth global trade 07/12/2013
WTO ruling condemns unjustified Chinese export restrictions 31/01/2012
BusinessEurope-RSPP joint statement on the accession of Russia to the WTO 14/12/2011
WTO ruling condemns unjustified Chinese export restrictions 05/07/2011
Public letters Date
Suspension of negotiations on the expansion of the WTO Information Technology Agreement - Joint letter from BusinessEurope, DIGITALEUROPE, ESIA and SEMI to the government of the People's Republic of China 28/11/2013
Implementation by Russia of the WTO Accession Protocol and bilateral EU-Russia commitments - Letter from Philippe de Buck to Commissioner Karel De Gucht 27/11/2012
WTO 8th ministerial conference on 15 December 2011 in Geneva - Letter from President Jürgen R. Thumann to Commissioner Karel De Gucht 08/12/2011
Speeches Date
The Partnership Summit 2011 "New partnerships for economic resurgence: the global imperative" - Speaking notes for Philippe de Buck in plenary session 1 "Global trade agreement: is multilateralism relevant?", Mumbai (India) 24/01/2011

Contact

Sofia Bournou

Senior Adviser
Tel:
+32 2 237 65 29

Maurice Fermont

Adviser
Tel:
+32 2 237 65 04
Last updated: 6 July 2016