[CUTS-TradeForum] DG Azevêdo tells G20: Trade differences must be resolved with discussion and cooperation.

From: CUTS International DG Azevêdo tells G20: Trade differences must be resolved with discussion and cooperation World Trade Organisation July 07, 2017 Addressing the summit of G20 leaders in Hamburg, Germany, on 7 July, Director-General Roberto Azevêdo made the case for keeping markets open to spread the benefits of trade. He stressed that, when joined with the right mix of domestic policies, trade is a powerful force for inclusive growth, job creation and better living standards – especially as countries around the world work to adapt to rapid economic change. He argued that when differences arise on trade issues, the best way to resolve them is through discussion and cooperation. He emphasized that the WTO stands ready to support its members in this way, as it has done so successfully on previous occasions. The Director-General said: "Technology and innovation are disrupting the job market at a pace that we have never seen before. Our economies must be ready. Young people need higher levels of education. The workforce needs help to adapt and to develop new skills. We don't have a ready-made recipe for this – countries will have to find out what works for them. And for a more immediate impact, we need to ensure that the benefits of trade reach more people. Measures that restrict or distort trade won't achieve this – they will do the opposite." The Director-General recalled the successes that the WTO has delivered in recent years, including the Trade Facilitation Agreement which entered into force in February this year. He stressed that the WTO's Ministerial Conference in Buenos Aires in December will be an important opportunity to make further progress. Please read this news item at: https://www.wto.org/english/news_e/news17_e/dgra_07jul17_e.htm YOU HAVE RECEIVED THIS MAIL BECAUSE YOU ARE A MEMBER OF THIS E-FORUM. IF YOU WISH TO UNSUBSCRIBE FROM THIS E-FORUM, SEND AN EMAIL TO CITEE@CUTS.ORG WITH ‘UNSUBSCRIBE – CUTS-TRADE FORUM’ IN THE SUBJECT. - - - - - - - - - - - - - - - - - - - - - CUTS E-GROUP FORUMS FunCompForum for news and views on Economic Policy & Governance Issues in India CompetitiOnlineForum for International Competition, Investment and Regulation news and views CUTSTradeForum for International Trade & Development news and views CUTS-SouthAsia to discuss Trade and Economic (including Competition and Investment and Regulations) issues and challenges in South Asia CUTSConsumersUp for Consumer Empowerment in India to take the consumer movement forward CUTSGovForum to discuss news and views on Governance issues and challenges in India