The multilateral mechanism represented by the WTO is the best mechanism

Author:Overseas network Time:2022.06.17

On June 16, the 12th Ministerial Meeting of the World Trade Organization closed in Geneva, Switzerland. This is a ministerial meeting after the WTO for a lapse of 4 and a half years. When the new crown pneumonia epidemic, geopolitical conflict and unilateralism strongly impact the world economic recovery, and the global multilateral trading system faces many severe challenges, most members of the WTO hold up again. A firm confidence in the development of the multilateral trading system.

In recent years, the WTO has fallen into unprecedented difficulties, and its authority and effectiveness have been challenged. The dispute settlement mechanism is one of the core pillars of the WTO and plays a key role in the performance of the WTO's performance. However, as the United States continued to obstruct the selection of the Judge of Appeals in the WTO, the agency was paralyzed due to "lack of people", which directly affected the normal operation of the World Trade Organization dispute resolution mechanism. Even before the current ministerial meeting, the United States still ignored the attention and expectations of all parties, and the 54th rejuvenation of the relevant proposal to restart the selection of the appealing agency. In addition, the United States has repeatedly politicized economic and trade issues, waved "tariff sticks", and applied "long -arm jurisdiction", seriously violated the rules of the WTO, and interfered with the stability of the global industrial chain supply chain and the world economic recovery. On the issue of the WTO reform, the United States also set up a domineering posture, once set up the so -called "90 -day period" to coerce the "change rules" of the WTO. The United States has also continued to promote pseudo -polygons, and in many parts of the world, it is engaged in the "small circle" of his sexual trade "small circle" and promoting bullying trade clauses, which pose a threat to real multilateralism.

In today's world, unstable uncertainty has intensified, economic globalization has encountered reverse flow, and the WTO has urgently need to reform and improve. However, no matter how reforms, real multilateralism will not be outdated, and the role of the multilateral trading system to help the development and promote cooperation is irreplaceable. From the perspective of the challenge, global challenges such as the spread of the epidemic, the turbulence of the energy market, the grain crisis, the disorders of the industrial chain supply chain, and the economic recovery are still endless. Macro policy coordination, seeking solutions together. From the perspective of the development trend, the general trend of the world has not changed. Economic globalization continues to move forward in twists and turns. Emerging market countries and developing countries have risen rapidly. The significance is further prominent. As the Director -General of the WTO said, the multilateral mechanism represented by the WTO is the best mechanism, and globalization cannot be divided.

At this year's ministerial meeting, members of the WTO conducted consultations on major urgent issues such as the new crown vaccine intellectual property exemption, epidemic response, fishery subsidies, grain security, and WTO reform, showing their good willingness to carry out multilateral dialogue negotiations. China, the European Union, Brazil, India, Kenya and many other delegations have reiterated the core position of the WTO in the multilateral trade system. This explanation: Defending multilateralism, returning to the WTO rules system, maintaining the global trade order and economic recovery results is what the international community is directed, the general trend, and the world's development and prosperity.

As the world's largest developing country and the second largest economy, since China joined the WTO, China has strictly fulfilled the obligations of members, abide by the rules of multilateral economic and trade, and opens development opportunities with the world at a high level. The active participants and important contributions have remained at about 30%to the world economic growth for more than ten consecutive years. China advocates that the reform of the WTO should promote economic globalization. Through rules and mechanism protection, economic globalization should promote economic globalization towards the direction of more openness, tolerance, inclusiveness, balance, and win -win. Legal rights and interests in developing members.

Regardless of the challenge in front of you or creating a better future, humans need to work together and cooperate with each other. It is expected that the 12th Ministerial Meeting of the WTO will become a new opportunity and new starting point for reviving the multilateral trading system.

(Li Jiabao, the author is the overseas version of the People's Daily)

Original title: Jointly maintain the multilateral trading system with the WTO as the core (Wanghai Tower)

"People's Daily Overseas Edition" (02th edition of June 17, 2022)

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