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Let's Talk WTO
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- I seriously wonder what rules are for if nobody actually respects them we can't deny the majority actually do stick to the rules negotiations of what the WTO
- is mainly about what better place than to meet the bus at the negotiating table well great choice of venue by the way the World Trade Organization is the
- place where countries come to talk about trade negotiate rates or new rules new disciplines and also keep an eye on each other's practices that's a key point
- they hold each other to account we're not like referees that blow the whistle on a foul or something like that you see I sit up there at the presiding
- table but it's the government's that run the show and we the WTO staff are here to help them by cooperating in the WTO we ensure that economic tensions do not
- lead up to more serious confrontation and this is why governments right after the Second World War negotiated trade rules because they knew
- that economic cooperation is the key to peace and prosperity governments are members of the WTO they earned the organization the WTO has big and small
- economies all under one roof everyone has a voice and a seat at the table they agree on rules and principles they figure out their differences and decide
- on the way forward these rules create stability that's what businesses need to thrive that leads to jobs and growth yes and
- the global economy is changing by the day so the WTO has to evolve to to help the members meet these challenges now you
- see the trading system is like oxygen while it's there you don't notice you take it for granted wants to take it away you will notice that's true
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