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Reforming the International Trading System for Recovery, Resilience and Inclusive Development

Reforming the International Trading System for Recovery, Resilience and Inclusive Development

The COVID-19 crisis has revealed the vulnerability of countries, especially developing countries. Against this backdrop, building back better cannot simply be about doubling down on pre-pandemic policies or “back to business as usual.” The current health and economic crises which have disproportionately affected the developing world should instead spark a fundamental rethink of global productive structures and the architecture of international trade, including international trade rules.

Building back better post Covid-19 must speak to a recovery strategy that is undergirded by a new paradigm and reform agenda that places inclusivity at the centre and moves towards a future of equitable, and shared growth and development consistent with the overdue sustainable development goals (SDGs). More importantly, such a recovery strategy should promote diversification of productive capacities of developing countries, propel transformation into higher productivity sectors, and foster resilience to future shocks.

The confluence of an economic, health and climate crisis offers a unique opportunity to revive multilateralism and mutually resolve the antagonisms that have increasingly afflicted the international trading system over the last decades.

Register at: https://us02web.zoom.us/webinar/register/WN_nbpjGdYVSQuWOzc7NnSWTw

PROGRAM

Moderator: Ambassador Xolelwa Mlumbi-Peter, South African Permanent Representative to the World Trade Organisation

Presentation: UNCTAD Research Paper No. 65 on Reforming the International Trading System for Recovery, Resilience and Inclusive Development – Richard Kozul-Wright, Director in the Division of Globalization and Development Strategies, UNCTAD

Panelists:

  • Anna Cavazzini, Member, European Parliament
  • Rashmi Banga, Senior Economist in the Division of Globalization and Development Strategies, UNCTAD
  • Rob Davies, former Minister of Trade and industry of South Africa (2009-2019)
  • Yang Yao, Director of China Center for Economic Research and Dean of National School of Development, Beijing University 

Question & Answer Session

Closing remarks: Ambassador Xolelwa Mlumbi-Peter

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org.

World Economic Situation and Prospects 2021 on Trade: From short-term disruptions to longer-term resilience

UNCTAD Trade Policy Dialogue

World Economic Situation and Prospects 2021 on trade: From short-term disruptions to longer-term resilience

Please register online at https://unctad.org/meeting/world-economic-situation-and-prospects2021-trade-short-term-disruptions-longer-term

This Trade Policy Dialogue is organized by UNCTAD in partnership with the United Nations Department of Economic and Social Affairs (UNDESA) and the Economic Commission for Europe (UNECE). The session will discuss major findings in the flagship report World Economic Situation and Prospects 2021, which assesses key trends in international trade and agenda for policy, including the roles of global value chains and services in enhancing economic resilience.

Questions:

  • How do we overcome short-term trade disruptions to reinforce longer-term resilience?
  • How do we take advantage of dynamic comparative advantage and “servicification”?
  • How do different countries see the need to revitalize the multilateral trading system?

Programme Agenda:

2:30 p.m. Opening

2:35 p.m. Panel discussion moderated by Miho Shirotori, Head, Trade Negotiations and Commercial Diplomacy Branch, UNCTAD

Panelists:

  • Ingo Pitterle, Senior Economic Affairs Officer, Global Economic Monitoring Branch, United Nations Department of Economic and Social Affairs
  • Bruno Antunes, Economic Affairs Officer, Trade Negotiations and Commercial Diplomacy Branch, UNCTAD
  • Polina Tonkikh, Director, World Trade Organization Expertise Centre, Russian Federation

3:20 p.m. Questions and answers

3:35 p.m. Closing

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org.

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