He dismissed the views of some protesters, who had called for the WTO to be disbanded.
It has not been a good year for the WTO, whose members failed to agree earlier this year on who should be its new director general.
With the November deadline for the WTO conference in Seattle approaching, he let Clinton know at a summit in Auckland in September that the two sides could reopen discussions.
" The likelihood, he told Asiaweek, is that in coming months Malaysia, like many of its neighbors, will advance concessions for the WTO deal, and "we are now very optimistic that an agreement will be reached in December.
When the current expansion of free-trade accords has covered an overwhelming percentage of world trade, it may be possible for the WTO to fix the system, so no nation has preferential bias with one or another trading partner over others countries.
As for the WTO itself, bringing China in would not only open up what is potentially the world's biggest consumer market, but it would also ensure that China does not stand aloof from the trading rules that govern commerce in the globalized new century.
Most can be mollified before they do serious damage, but the bent to battle "unfair" liberalization of commerce doesn't bode well--not for the WTO 's Doha Round, already on life support, not for a new Pacific Rim attempt and not for bilateral trade pacts.
The President of the United States, President Obama, congratulated President Medvedev, as you heard him say, on the invitation for Russia to join the WTO.
Mr Zoellick has been itching to take the European Union (EU) to the WTO for months, but the Bush administration decided to hold back while it made its unsuccessful bid to get broad backing from EU countries for the war in Iraq.
Last week, for example, the WTO ruled in favor of the United States on a case that found European governments were subsidizing planes that Airbus manufactures.
Public attention will eventually shift from the mayhem of last week, but a new political sensitivity may endure--one that gives the protesters a platform for concerns heretofore ignored by the WTO bureaucrats and elected representatives alike.
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The debate was heated, but Moscow eventually traded ratification for support for its efforts to join the WTO.
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He's been making the rounds for a few years now with, ahem, a cheeky marketing strategy for his own WTO, the World Toilet Organization.
"The China-WTO agreement is good for the United States, " effused Clinton.
That its regional rival, China, which has been a member of the WTO for almost 10 years only adds fuel to the fire.
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China could well win, as it has been preparing for the long-rumored WTO action by couching its export policies in language consistent with recognized WTO environmental exceptions.
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By keeping the exchange rate down, China's critics allege, it has gained a substitute for the mercantilist measures it gave up to join the WTO.
President Obama stressed the need for Russia to work with other WTO members to close out the last remaining issues and bring the negotiations to a successful conclusion by the end of this year.
China has yet to comment on the formal request for a WTO hearing.
By the time the WTO rules, the American firms lobbying for protection from Chinese imports will doubtless have enjoyed several years of it.
Though the WTO has for the most part focused on reducing import restrictions, over the last decade there has been a growth in the use of unilateral export restrictions.
"We feel sorry for their decision to complain to the WTO, " Mr Miao said.
If true, that is not only heavy-handed, but seemingly strong grounds for a Chinese WTO challenge on the grounds discriminatory treatment.
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For instance, shortly after joining the WTO Beijing decided to target antibiotics as a growth sector and invested vast sums in building penicillin fermenters.
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He wanted China to get into the WTO, both for the prestige it would bestow on the nation in the eyes of the world, and for the support it would give to China's reforms.
But declaring China a market economy for the purposes of subsidies, and a non-market economy for the purposes of anti-dumping, is against WTO rules.
The fellowship, which is a partnership with three multilateral organizations- the African Development Bank (AfDB), the United Nations Economic Commission for Africa (UNECA), and the World Trade Organization (WTO), will provide three ambitious African professionals with an opportunity to gain first-hand experience at the highest levels of the multilateral organizations and gain insights into the process of policy making.
We think that Russian accession to the WTO will be good for the Russian economy, will be good for the U.S. economy, it will be good for the world economy.
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