[CUTS-TradeForum] Azevêdo: We must ensure trade contributes to solving problems faced by leaders today.

From: CUTS International

Azevêdo: We must ensure trade contributes to solving problems faced by leaders today

World Trade Organisation

June 08, 2017

Speaking at the OECD Ministerial Council meeting on 8 June, Director-General Roberto Azevêdo said that the WTO’s success over the past few years in delivering agreements needs to be maintained so that trade can do even more to create jobs and support growth and development. He expressed the hope that this success could signal the start of a “new era” – “one which works to spread the benefits of trade in the way we all want to see.”

This is what DG Azevêdo said:

Ensuring that more people can benefit from international trade and investment has always been a central consideration for governments around the world.

This very point is there in the 1947 General Agreement on Tariffs & Trade, which states its aim to raise standards of living, ensure full employment and raise real incomes.

And it’s there in the founding documents of the WTO – the Marrakesh Declaration in particular.

There, ministers declared that the WTO would “usher in a new era of global economic cooperation reflecting the desire to operate in a fairer and more open multilateral trading system for the benefit and welfare of their peoples.”

Please read this speech at:

https://www.wto.org/english/news_e/spra_e/spra176_e.htm

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