How to Reform the WTO?

Contributor(s): Ambassador Dr Jesus Seade, Sir Vince Cable, Dr Swati Dhingra, Piroska Nagy Mohacsi | Nominations for the position have just closed. LSE is organising a mini-series of presentations and discussions with the candidates. The first of the candidates to present their vision for globalisation, trade and the WTO will be Dr Jesus Seade, Undersecretary of the Ministry of Foreign Affairs of Mexico and Mexico’s chief negotiator of the USMCA, the US, Mexico and Canada Trade Agreement (successor of NAFTA) which came into force on July 1 this year.
Multilateral institutions are increasingly being challenged in recent years. One important criticism is that leaders for these organisations are not selected in a competitive and transparent manner. Promoting a stronger selection process should help enhance the legitimacy of these institutions. Calls for change have been particularly strong at the World Trade Organisation (WTO), the global body dealing with the rules of trade between natio