June 29, 2018

DDG Wolff: “For trade to flow there needs to be a high degree of certainty”

Speaking at the Closing Ceremony of the World Trade Institute Master Programmes in Bern on 29 June, Deputy Director-General Alan Wolff emphasized the importance of the rule of law in an age of conflict. He underlined that businesses require the rules to be clear and predictable in order to trade across borders and that uncertainty slows or freezes investment. He acknowledged that a system of rules requires periodic updating to remain fully relevant and stressed how technological change will impact the WTO of the future.

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