The Role of the WTO in the 21st Century - Launching of the WTO Chair in Brazil

Brazil - 5 December 2014

Trade topics: International Trading System, Regional Integration, Trade Negotiations, Trade Policy

The Center on Global Trade and Investment at the FGV School of Economics presented the International Conference on THE ROLE OF THE WTO IN THE 21ST CENTURY. On this occasion, the WTO Chair Programme in Brazil was launched. The Conference brought together practitioners, policymakers and academics engaged in trade discussions. The Conference was held in São Paulo, Friday December 5th, 2014, at School of Economics of Getulio Vargas Foundation, Auditório Itau-FGV.
On discussing the challenges faced by the WTO in the future, DDG Mr. David Shark highlighted important aspects of WTO's role in the 21st century in maintaining the relationship between regional and multilateral trading system, global value chains and investment. Similarly, Ambassador Paulo Estivallet de Mesquita reaffirmed the importance of the WTO Chairs Program in Brazil as international trade regulation is getting more complex. The Ambassador also pointed out that the contents of the WTO Agreements have achieved a very good balance between liberalization and flexibility and that it would be very difficult to find a better room to deal with those issues.