Governments face four-pronged convergence challenge in trade-WTO's Panel on Defining the Future of Trade

[CUTS-TradeForum]

From: CUTS International

 

Governments face four-pronged convergence challenge in trade—Lamy Panel

 

The Panel on Defining the Future of Trade convened by Director-General Pascal Lamy, on 24 April 2013, issued its report “The Future of Trade: The Challenges of Convergence”. “Regulating trade opening is only one of the many challenges facing a rapidly integrating world economy. But it is also one where we already have a system which has shown its resilience. Like all assets, it needs not just proper maintenance. It also needs investment in the future. We offer this report as a call to action and a contribution to further reflection – action and reflection that we believe are essential to address our current stasis and the real risk this carries of imposing significant economic, social and political costs across the globe,” the Panel said.

For details of the launch of report, please refer http://www.wto.org/english/news_e/news13_e/dgpl_24apr13_e.htm

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