"Let me begin with a clear statement on the perspective of the United States: We believe that this institution and the multilateral trading system it upholds remain strong, and its value is fundamental to individual, national, and global economic welfare. Without the system of rules embodied in the World Trade Organization, and the committees and processes that help us work productively with one another and resolve our differences, frankly, we would be lost."
Remarks by U.S. Trade Representative Ron Kirk on the Importance of the WTO
at the First Working Session of the 8th World Trade Organization (WTO) Ministerial Conference
About the Author: Robert D. Hormats serves as Under Secretary of State for Economic, Energy, and Agricultural Affairs.
I just returned from the Asia-Pacific Economic Cooperation (APEC) meetings in Hawaii, where I participated in the announcement of a public-private partnership to create the world’s first Global Food Safety Fund. To be managed by the World Bank, this innovative partnership will engage a wide-range of stakeholders in training programs designed to enhance food safety and to facilitate trade. Programs like this help protect the health and safety of all of our citizens, because we’re all connected in the current era of global supply chains, international trade, and the foreign sourcing and manufacture… more »