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  • Print publication year: 2021
  • Online publication date: March 2021

4 - Why Don’t We Have a WITO? G20, TPP and WTO

from Part II - China, BRI and International Trade Dispute Resolution

Summary

It analyses the trade outcomes of the G20 Hangzhou Summit, by revealing its position on strengthening the multilateral trading system, advancing negotiations on Doha issues, ratifying the Trade Facilitation Agreement, opposing protectionism on trade and supporting plurilateral trade agreements like Environmental Goods Agreement. It points out that the G20 Hangzhou Summit will be beneficial to the development of both WTO and G20. It also discusses specifically the importance of including issues in regional trade arrangements, the possibility of establishing a World Investment and Trade Organization (WITO) and the role of China in this aspect.

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