As the multilateral system takes on ever more issues, this structure may become unworkable.
Nor should this war mark the beginning of the end of the multilateral system that has been evolving since the end of World War II.
The opposition to new trade talks heard from Geneva diplomats reflects, I believe, frustration that the United States, Europe, and Japan have not been able to agree on an agenda for those talks that would strengthen their own commitment to a rules-based multilateral system.
The conclusion of the WTO Agreement will improve market access and reinforce the multilateral trade system.
CNN: ASHIMOTO RYUTARO IS THE TOUGH GUY OF JAPANESE TRADE TALKS.
The multilateral trading system recognises that governments have legitimate aims other than free trade.
Competition policy was already on the trade agenda in 1948, when the multilateral trading system was set up.
It has been trying to join the multilateral trading system since 1986.
To be sure, the multilateral trading system has survived such setbacks before.
One is that, with the cold war over, shoring up the multilateral trading system is no longer seen as a top priority for American foreign policy.
This recognises the importance of such regional trade initiatives and their potential to promote further trade liberalisation, while strengthening the primacy of the multilateral trading system.
The Obama administration remains committed to the multilateral trading system and is leading the way in seeking achievable market-opening approaches on trade facilitation, services and information technology.
WSJ: Tom Donilon: The President's Free-Trade Path to Prosperity
Mr Sarkozy seems to think similarly, calling for a multilateral approach to the monetary system.
ECONOMIST: Is there a better way to organise the world��s currencies?
The IPDC is the only multilateral forum in the UN system designed to mobilize the international community towards supporting media development in developing countries.
The IPDC is the only multilateral forum in the UN system designed to mobilize the international community to discuss and promote media development in developing countries.
It would be nice to think the world can be governed by multilateral institutions or that the international system can be managed by 22-member summits, but history says otherwise.
Governments, the United Nations system as well as other multilateral organizations are urged to increase considerably the resources allocated to programmes aiming at the establishment and strengthening of national legislation, national institutions and related infrastructures which uphold the rule of law and democracy, electoral assistance, human rights awareness through training, teaching and education, popular participation and civil society.
With the Doha Round of multilateral trade talks moribund, this decision could shape the future of the world trading system.
应用推荐