Putting Trade at the Heart of a Global Transatlantic Relationship
The event will be livestreamed here and on Facebook.
In the midst of the economic devastation caused by the pandemic, the US-EU trading relationship has the potential to act as a major driver of growth and employment. The Biden administration’s re-embrace of multilateralism offers both the United States, and Europe, an opportunity to work together to shape the global trading landscape.
The recent appointment of Ngozi Okonjo-Iweala as the incoming head of the World Trade Organization (WTO) offers both the US and the EU a chance to lead a reform of WTO trading rules so that it can effectively and credibly arbitrate disputes and continue to act as a trusted global referee on trade. A strengthened, reformed WTO would also address the fundamental imbalances arising from China’s growing role in the world economy: notably the role of state-owned enterprises, industrial subsidies, and the protection of intellectual property.
Putting Trade at the Heart of a Global Transatlantic RelationshipPosted by
Wilfried Martens Centre for European Studies on Wednesday, May 26 2021