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How to Reform the WTO? [Audio]

By London School of Economics

How to Reform the WTO? [Audio]

How to Reform the WTO? [Audio]

London School of Economics

0:000:00

Description

Speaker(s): Ambassador Dr Jesus Seade, Sir Vince Cable, Dr Swati Dhingra, Piroska Nagy Mohacsi | The selection of the World Trade Organization's new Director General presents an opportunity for reform, but it could also result in a further weakening of the institution. 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 o