Are the Major Powers Ignoring the WTO? Impact of Rising Mega-Regionals on Multilateralism
Date and Time: Thursday 5th December 2013 ~~~ 16:00 – 17:30 Location: Hibiscus Room Theme: International Trade Governance and Sustainable Development
China Institute for WTO Studies of University of International Business and Economics (UIBE)
- Understand the reasons why the major powers are obsessed with mega-regionals and how they react to each other’s choice
- Explore the feasibility of mega-regionals in comparison with the multilateral negotiation
- Analyse the impact of the mega-regionals on the WTO and what the major powers can and will do to mobilise the WTO
The mega-regional trade agreements such as TPP, TTIP, RCEP have attracted most attention of the international trade community in recent years. At the same time, the WTO Doha Round negotiation is almost desperately stuck. While almost all major countries have involved in these mega-regionals , they seem to lose interest and confidence in pushing forward the multilateral negotiation. Are they really determined to give up the WTO? Are these mega-regionals really easy to conclude? What is needed from the major powers to break the stalemate of the Doha Round? The session will bring together scholars from the US, EU, China, South Africa to explore these questions.