Category Asia

China fulfills WTO obligations, provides huge global contributions: white paper

China has not only comprehensively fulfilled its commitments to the World Trade Organization (WTO), but has also provided huge opportunities to its trade partners and made enormous global contributions, according to a white paper on China and the WTO. During the past 17 years, “China has honored its commitments to the WTO, substantially opened its […]

06/28/2018: China and the WTO amid global trade protectionism

With global trade facing a rise in unilateralism and protectionism, China’s State Council decided to release a white paper on Thursday to highlight the country’s reform and opening-up measures and global contributions since joining the World Trade Organization in 2001. How will China work together with the WTO to tackle escalating trade tensions and stabilize […]

Former director-general of the WTO: WTO needs reform and modernization

“China has abided by the commitments it took to join the WTO. But China has done only that and not more, which now is starting to be a problem,” said Pascal Lamy, former director-general of the World Trade Organization, during his interview with CGTN. This year marks the 40th anniversary of China’s reform and opening-up […]

EU must ‘retaliate’ against Trump’s tariffs

A few days before a US ultimatum on metals tariffs expires, former WTO president Pascal Lamy told DW that the EU needs to counter Trump’s threat with tariffs of its own, and seek to resolve the dispute at WTO.

‘One Belt, One Road’ and South Asian geopolitics

The non-preferential rules ultimately become ineffective because every country is entitled to most-favoured nation (MFN) status. Former World Trade Organisation (WTO) Director General Pascal Lamy has observed:

Entretien avec M. Lamy: Comment l’OMC devrait-elle faire face à la crise?

“Maintenant, c’est à la fois dangereux et favorable, cela dépend de ce que les Etats-Unis veulent faire: ils veulent améliorer les règles qu’ils jugent nécessaires pour faire des ajustements, ou ils veulent détruire ce système.”