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Schloss Leopoldskron
Public and Private Cultural Exchange-Based Diplomacy: 
New Models for the 21st Century 
The Future of the Multilateral Trading System and the World Trade Organization
21 May - 23 May, 2012
 15th Annual Freeman Salzburg Symposium on Dynamic Asia: Strategies for a Common Future

overview
Abstract:
With the protracted negotiations on the Doha Trade Round stalled, the implications for the multilateral trading system and indeed the World Trade Organization (WTO) itself are daunting. Do the stalled talks threaten the operation of other parts of the WTO, such as dispute settlement, which operate well? The WTO though is not the only forum for trade negotiations, and many countries are seeking liberalization agreements, whether bilateral, plurilateral, sectoral or regional, in particular with the fast growing economies of Asia. If the "spaghetti bowl" of trade agreements continues to grow, it may in due course require rationalization and a renewed commitment to work at the multilateral level.

This session will provide a timely contribution to international policy-making on the future of the world trading system in light of the Eighth WTO Ministerial Meeting. Senior and upcoming speakers and leaders are being invited from national missions to the WTO in Geneva as well as from business, governments, and think tanks across Europe, North America, Asia and developing countries. Given the highly targeted nature of the audience, the session and its report aim to feed into international policy-making at a time when additional means to stimulate the global economy and improve trade facilitation are urgently needed. The seminar will also identify and discuss new trade-related issues which many believe increasingly need addressing at the international level, including among others the following questions:

  • Will preferential trading agreements proliferate and trade disputes increase?
  • What trade agenda can re-engage business in global negotiations, given many corporations can obviate trade barriers inter alia through their global supply chains?
  • How can political support and leadership for trade liberalization be generated?
  • Can the WTO launch negotiations on new (Singapore) issues such as investment without having concluded other negotiations?


Rashid Kaukab
 
William Lane

 
Related SGS Programs
Confronting Protectionism: How Business and Governments Can Build Support for Open Markets
29 Sep - 04 Oct, 2009
Completing the Doha Round: Bridging the Agricultural Divide
30 Apr - 05 May, 2006
(Session 431)
The World Trade Negotiations: The Politics of Economics and Trade
05 Jun - 10 Jun, 2005
(Session 424)
 


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