• About Us
  • Our Services
  • Subscribe
  • Advertise
  • FAQ
  • Contact Us
Login | My Posts
Accountants in Cyprus
  • Publications
  • About Cyprus
    • Cyprus History
    • Cyprus Company Registration
    • Cyprus Tax
    • Cyprus VAT
    • Cyprus Accountants
    • Cyprus Economy
  • Find Accountants
  • Contact Us
No Result
View All Result
  • Publications
  • About Cyprus
    • Cyprus History
    • Cyprus Company Registration
    • Cyprus Tax
    • Cyprus VAT
    • Cyprus Accountants
    • Cyprus Economy
  • Find Accountants
  • Contact Us
No Result
View All Result
Accountants in Cyprus
No Result
View All Result
Home Publications Articles

WTO: Global businesses, we need your help

May 25, 2011
in Articles
Reading Time: 2 mins read

World Trade Organisation (WTO) Director-General Pascal Lamy has told a collection of global traders that the WTO cannot be taken for granted and needs businesses with real-world experience to help guide it in the rapidly changing trade environment.




Lamy told an International Chamber of Commerce conference in Oslo that, with the increasing globalisation of industries, the need for an effective global rules-based system also increases – as does the need for investment in it.




He said: “The WTO has now been in existence for 15 years, but of course, the multilateral trading system (since the days of the GATT) has been around much longer.  That system, however, cannot be taken for granted.




“The WTO’s stakeholders need to guide and stand-up for the system that has served them so well. They need to keep investing in the system. Suffice it to see how the trading system, through its monitoring and surveillance capability, has succeeded in stemming the tide of trade protectionism during the economic crisis we have just been through.




“With our regular reporting on “any step backwards” that was taken by a WTO member, a sort of “name and shame” system if you will, the WTO succeeded in preventing a return to the 1930s like Smoot-Hawley Tariff Acts!”




“But for the multilateral trading system to continue to serve us well, and to respond to your new and changing needs, your involvement and guidance of that system is crucial.  In other words, it no longer suffices that you trade while relying on governments to craft the regulatory framework for you in the WTO through which your trade relations would take place.




“You must provide the “evidence,” through your trade experience, of what is actually happening on the ground, and must guide us in how to make things better.”




This year the WTO will be holding a public forum entitled Seeking Answers to Global Trade Challenges from 19-21 September.




The forum will provide an opportunity for traders to identify the principal trade challenges at the global level that impact on the multilateral trading system, and identify solutions to ensure the WTO effectively adapts and responds the demands of the fast-changing environment.




The discussion will encompass four core themes:




1. Food Security




2. Trade in Natural Resources




3. Made in the World and Value-Added Trade




4. What Next for the Trading System?




Director General of the World Trade Organization,

Pascal Lamy of France.

ShareTweetShare

Newsletter

Latest News

tax for all
News & Announcements

Τερματίζεται η Υποβολή ή Τροποποίηση Δηλώσεων Παρακράτησης Φόρου και Εισφορών

June 14, 2025

Τερματίζεται η Υποβολή /Τροποποίηση Δηλώσεων Παρακράτησης Φόρου και Εισφορών (Τ.Φ.7) μέσω TAXISnet για τα έτη μέχρι και το 2023, λόγω...

Read more
Eurobank and Hellenic Bank

Eurobank Limited is on its way:

June 12, 2025
Cyprus Economy

Overview of Cyprus’s Economy

June 5, 2025

Accountants in Cyprus is an accounting portal that consists of information in the field of finance and a network of Cyprus accounting firms and other financial service providers .

USEFUL LINKS

  • Accountants in Nicosia
  • Accountants in Limassol
  • Accountants in Larnaca
  • Accountants in Famagusta
  • Accountants in Paphos
  • Accountants in Nicosia
  • Accountants in Limassol
  • Accountants in Larnaca
  • Accountants in Famagusta
  • Accountants in Paphos

USEFUL LINKS

  • Cyprus Tax Consultants
  • Tax Planning Cyprus
  • Tax Benefits Cyprus
  • Double Taxation Treaties
  • Cyprus Accounting Firms
  • Cyprus Tax Consultants
  • Tax Planning Cyprus
  • Tax Benefits Cyprus
  • Double Taxation Treaties
  • Cyprus Accounting Firms

AFFILIATED SITES

logo-lawyers-in-cyprus
lawyers-malta

2023 © Accountants in Cyprus. All Rights Reserved. Developed by Wizzweb

  • About
  • Cyprus Accounting Services
  • Auditors in Cyprus
  • Cyprus VAT
  • Contact Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Publications
  • About Cyprus
    • Cyprus History
    • Cyprus Company Registration
    • Cyprus Tax
    • Accountants Cyprus
    • Cyprus Economy
  • Find Accountants
  • Contact Us
  • Our Services
  • Subscribe
  • Advertise
  • FAQ

© 2023 Accountant in Cyprus

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.