Outdated Multilateral Trade System Challenged By Climate Change, Regionalisation, Speakers Say
Climate change measures might impact competitiveness and the multilateral trade system in its current form might not be equipped to address the issue, according to speakers at a parallel event to the World Trade Organization (WTO) ministerial meeting today. At the same time, regional trade agreements might constitute free electrons in the multilateral trade system, obeying to their own rules, said speakers at other sessions of the event.
