Externe Publikationen

16. September 2021

Boosting G20 Cooperation for WTO Reform

Leveraging the Full Potential of Plurilateral Initiatives
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Colorful containers on shipping barge Reykjavík, Iceland.
Colorful containers on shipping barge Reykjavík, Iceland.
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In order to preserve the central role of the World Trade Organization (WTO) in global trade it is necessary to revive the negotiating function of the organization. Plurilateral cooperation can be a stepping stone towards closer integration on issues where multilateral consensus is not yet in sight. However, a closer analysis of older and current plurilaterals reveals that they are largely initiated by developed countries and are not a generally accepted negotiation method for all WTO members. This policy brief analyses plurilaterals on grounds of key criteria such as treatment of non-members, scope and membership. It then clarifies the key challenges of using plurilaterals as a negotiation approach to advance new sets of rules. The brief provides G20 and WTO members with a set of practical recommendations for the successful operation and conduct of plurilaterals to support a multilateral order that serves the interests of all members and, in particular, those of developing countries.

You can download the full policy brief here

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This text was first published in September 2021 by Think20Italy

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