October 3, 2023

DDG Paugam: Trade is becoming more political, more sustainable, more traceable

Strengthening the multilateral trading system as embodied in the WTO is the best way to confront the challenges of increasingly fragmented global trade, Deputy Director-General Jean-Marie Paugam said on 3 October. Speaking in Dijon, France, at the Vine and Wine World Trade Forum, DDG Paugam said a new trade narrative based on geopolitics, climate and sustainability, and quality-related regulations is starting to take root, leading to some trade fragmentation. The “number one condition to confront these challenges is more of the multilateral trading system, not less,” he declared. His remarks are below.

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