(Bryce Baschuk – Bloomberg)
The Canadian government is poised to release a blueprint to reform the World Trade Organization as countries adjust to a newly protectionist America that has threatened to leave the organization entirely.
Canadian trade officials, who spent August working on a draft of the reform proposal called “Strengthening and Modernizing the WTO,” are seeking to forge an alliance of like-minded countries to “restore confidence in the multilateral trading system and discourage protectionist measures and countermeasures,” according to a copy of the draft obtained by Bloomberg.
A group of senior-level trade officials will gather in Geneva on Sept. 20 to discuss the Canadian reform proposal and prepare the groundwork for ministerial talks scheduled to take place in Ottawa from Oct. 24 to Oct. 25. Click here to read more.
- Azevêdo Urges Commonwealth to Play Full Part in Strengthening the Multilateral System (WTO)
- Trump Threatens to Pull U.S. Out of WTO If It Doesn’t ‘Shape Up’ (Bloomberg)
- Why Trump’s Wrong About WTO Treating U.S. Unfairly (The Conversation)
- WTO Can Reform, Says Chief Azevedo in Response to Trump (Nikkei Asian Review)