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  • RCEP trade agreement and the future of multilateralism
    Over the past decade, the US has retreated from multilateral trade agreements like the Trans-Pacific Partnership (TPP), and various other economic and multilateral treaties and institutions Though it has initiated or facilitated IPEF, AUKUS etc , these are sometimes seen as political pacts, not as working towards a standard form of trade
  • WTO sounds alarm on trade risks and other trade news | World Economic Forum
    Focus shift: Traditional topics like multilateral development bank reform and climate finance are expected to take a back seat to bilateral trade talks Developing country concerns: IMF growth forecasts due Tuesday are expected to reflect the impact of tariffs, with implications for debt burdens and market volatility
  • Heres why we need a strong multilateral trading system
    A strong multilateral trading system based on the rules of the WTO provides countries with access to a wider range of suppliers, which can help to mitigate the effects of supply disruptions The WTO has helped to reduce trade barriers and promote free trade, which has led to increased economic growth and prosperity for many countries
  • Global trade is fragmenting. The WTO must make a stronger case that it . . .
    Instead, trade needs to advance climate action and social inclusion through multilateral commitments against a “race to the bottom” on environment, labour and consumer standards Participating in global value chains can help the diffusion of climate-friendly technologies, such as solar panels or drought-resistant seeds
  • The World Trade Organization. Heres what it actually does
    The organization was set up in 1995 to replace a provisional international trade agreement, the General Agreement on Tariffs and Trade (GATT) It was signed in 1948 by 23 countries in an effort to boost trade liberalization after the Second World War
  • Why multilateral trade policies are the most efficient way to economic . . .
    Interestingly, multilateral policy intervention can improve on free trade even when those refined instruments are not available as is usually the case, for example, when a country can implement only a per-unit trade subsidy common to all firms selling in its market and a lump-sum profit tax common to all its producers
  • These are the world’s biggest trading blocs
    Rising levels of world trade have been a powerful means for countries to promote economic growth, development and poverty reduction, according to the International Monetary Fund (IMF) “Policies that make an economy open to trade and investment with the rest of the world are needed for sustained economic growth
  • How can trade help developing countries? | World Economic Forum
    However, they may adversely affect LIDCs through trade diversion, preference erosion and fragmentation of the multilateral trading system G20 members could ensure that benefits from these mega-regionals are eventually shared by all, particularly LIDCs, through: Committing to make simultaneous progress on multilateral trade issues


















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