Will the WTO survive amid Russia's war and other stresses on global trade?
The World Trade Organization will hold its next ministerial conference the second week of June. The gathering has already been postponed twice, and Russia's war in Ukraine now makes it hard for delegates to meet and agree. The world desperately needs strong multilateral organizations and global rules, but the WTO's ability to provide progress looks gloomy. The geo-politization of trade, the effects of the COVID-19 pandemic, the disturbances of supply chains, and now sanctions against Russia, are having a profound impact on global trade. How do we move from here? What reforms are realistic and desirable for a future world trade organization?
Joining this episode of Trade Winds were:
Nonresident Senior Fellow, Peterson Institute for International Economics (PIIE)
- Mia Mikic
Advisor at Large, Asia-Pacific Research and Training Network on Trade (ARTNeT); Research Fellow, University of Waikato, New Zealand
- Alan Wm. Wolff
Former Deputy-Director General, WTO; Distinguished Visiting Fellow, PIIE
ABOUT THIS SERIES
Trade Winds is a monthly virtual event series hosted by Cecilia Malmström that explores the future of global commerce in the era of the COVID-19 pandemic, including ways that international cooperation on trade can accelerate the recovery.