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Ruggiero: what’s at stake if WTO breaks down


The former director-general raises the alarm: the proliferation of bilateral and regional agreements is changing the dynamics of world trade and is making multilateral negotiation more difficult. The consequences, especially for the world’s poor and developing countries, could be disastrous. Industrialized countries would also have a lot to lose. And as for Europe, Renato Ruggiero sees signs of recovery. Angela Merkel, for example...

The former director-general raises the alarm: the proliferation of bilateral and regional agreements is changing the dynamics of world trade and is making multilateral negotiation more difficult. The consequences, especially for the world’s poor and developing countries, could be disastrous. Industrialized countries would also have a lot to lose. And as for Europe, Renato Ruggiero sees signs of recovery. Angela Merkel, for example…

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