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martes, 25 de septiembre de 2012

El multilateralismo sí está en crisis: Foro OMC



Ginebra Suiza, 24 de septiembre del 2012.- Sí, el multilateralismo está en crisis, porque no parece disponer de los medios necesarios para superar los problemas actuales. Los oradores que tomaron la palabra durante la jornada de apertura del Foro, a pesar de esta opinión categórica, también se mostraron optimistas en general respecto del futuro del multilateralismo.

In welcoming participants to the Public Forum, Director-General Pascal Lamy said that “the rules of the game — whether in the trade sphere, in the economic sphere, in the environmental or food security spheres —a nd indeed across all areas of international policy making, are in need of adjustment.”
He said that “this year’s forum will deal with a vast array of challenges that you, yourselves, have brought to the house of trade. Over a three-day period, we will be hearing from you on issues as diverse as trade and the environment and the regional Free Trade Agreements.”
The former President of the Swiss Confederation, Ms Micheline Calmy-Rey, in the Forum’s inaugural speech, said that “multilateralism is failing on many fronts and is clearly unable to deliver in these very difficult times we are witnessing across the globe.”
As an example, she said that “the inability of the WTO Members to agree on the conclusion of the Doha Round is certainly a setback that is very difficult to understand particularly within the context of the current crisis.”
Ms Calmy-Rey commended “the excellent work done by WTO to monitor protectionist pressures,” adding that the multilateral trading system “can help (WTO Members) contain extreme protectionist measures.”
Director-General Lamy and Ms Calmy-Rey were also members of the inaugural panel session on “Is Multilateralism in Crisis?”
During the panel’s discussions, Mr Lamy said that multilateralism is not in good shape because it is 20 years outdated. With all the changes in the world and in globalization, the current system shows it cannot adjust to it and the present economic crisis does not help, he said.
Ms Calmy-Rey said that the international institutions do not reflect today’s realities and that there is a big need for reform.
H.E. Sheikha Lubna Al Qasimi, Minister of Trade of the United Arab Emirates, also considered that present day rules are not up-to-date and need upgrading.
But to the question from the moderator, Mr Andrew Harvey, former BBC presenter, on whether the panellists were optimistic or pessimistic for the future of multilateralism in about five years’ time, Chile’s Senator Ricardo Lagos, Ms Calmy-Rey and Mr Nicholas Staheyeff, Vice Chairman and CFO of eBay International, said they were optimistic.
Ms Al Qasimi said she was “carefully optimistic” and Mr Lamy said he was “carefully pessimistic”.
On his assessment for the future, Mr Staheyeff said that the future multilateral system will need to learn to cope with increased volatility in trade and economic conditions and be “ready for a bumpy ride”.
There were not many solutions given to the problem.
Mr Lagos mentioned that countries will have to learn to give up some sovereignty, and Ms Calmy-Rey said that because many issues are solved at the international level, if countries want to have more influence in the world they’ll have to play internationally.
Mr Lagos also made a passing reference to the fact that the five members of the UN’s Security Council do not reflect today’s realities.
The work of the WTO was discussed, in particular the importance of this institution to remove frictions, the negotiations on trade facilitation to facilitate customs procedures and to remove “trade obstructions”, the fight against protectionism through its monitoring mechanism and also its work to encourage more financing for trade.
Ms Calmy-Rey also said that the WTO system of common rules and disciplines is a good example for other international organizations.
Por: voluntarios de la OMC
Sesión 3: The Trans-Pacific Partnership: A Quest for a 21st Century Trade Agreement
The panel of this book launch session included some authors and two of the editors. Each panel member elaborated a particular element of the Trans-Pacific Partnership (TPP) Agreement and offered hopes of what is achievable in a twenty-first century, high-quality agreement.
The moderator and one of the three editors, Dr Deborah Elms, explained that “twenty-first century, high-quality” means going beyond bilateral arrangements and addressing the “noodle-bowl problems” of overlapping preferential trade agreements (PTAs).
Mr Stuart Harbinson, former ambassador and WTO senior official, thought the jury was still out in terms of what the TPP can produce with respect to trade in services, but he saw it as a “pathfinder agreement”. Perhaps it might act as a catalyst that could work back into the WTO to re-energize services negotiations.
Mr Aik Hoe Lim, a WTO official, reiterated the importance of focusing on benchmarks if the TPP is to be high quality – suggesting a template based on the North American Free Trade Agreement (NAFTA). However, a twenty-first century trade agreement should also deal with twentieth-century issues. He believed there was a need to take a business-oriented approach which reflected the commercial reality.
Mr Sebastian Herreros of the Economic Commission for Latin America and the Caribbean (ECLAC) described how the TPP interacts with regional measures in Latin American countries. He warned that what the TPP has to offer them is still highly speculative and dependent on which other countries join.
With over 400 PTAs in existence, WTO Chief Economist Patrick Low revealed that each WTO member belonged to an average of 13 – which is hardly optimal. The question is what role could the WTO play in achieving greater coherence. He suggested looking at the possibility of taking what is out there and finding ways of “multilateralizing” it.
Sesión 6: Plurilaterals and Bilaterals: Guardians or Gravediggers of the WTO?
A panel of ambassadors to the WTO, representatives of the US and EU chambers of commerce plus the WTO's Chief of Staff discussed the relevance of plurilateral agreements to the construction of multilateralism.
Speakers agreed that "bilateral, plurilateral agreements are like children, you have to like them all". However, there was a discrepancy in the views over the necessity to advance the Doha Round.
A panellist recalled that there are different types of plurilateral agreements. First, Regional Trade Agreements (RTAs), and second coalitions of the willing like the Information Technology Agreement (ITA) and the Government Procurement Agreement (GPA). As pointed out by the WTO Chief of Staff, the Tokyo Round was the golden age of plurilateral agreements. But the international community has felt the desire to go back to the Single Undertaking in the Uruguay Round for reasons of fairness and inclusiveness.
Plurilateral and bilateral agreements are building blocks for multilateralism
The main argument here is that the three types of agreements reinforce each other:
    First, they constitute an alternative to the multilateral negotiations in the WTO that are undermined by the slowness of the negotiations in the Doha Round.
    Second, regional agreements are particularly relevant to small developing countries which prefer step-by-step trade liberalization. An example was Costa Rica,  which progressively opened its telecommunications sector.
    Third, coalitions of the willing have proven to be great successes like the ITA. The Japanese representative proposed extending such agreements to the environmental goods sectors.
    Fourth, preferential trade agreements (PTAs) are not a threat to the WTO as only 16% of world trade is made under PTA regulation. The  rest is exchanged through Most Favoured Nation rules.
PTAs impede regulatory convergence of trade standards
PTAs undermine the development of an international playing field for negotiations, which would strengthen multilateralism. A recent report from the Asian Development Bank shows  that many firms are unable to adapt their standards to PTAs' regulations.
Going further
In the current situation, business sector representatives expressed their frustration and their willingness to go further on trade liberalization, outside of the Doha Development Agenda framework.  In their view, agreement on services and trade facilitation (TF) would be more than welcome. They also expressed willingness to have an agreement on import tariffs on machinery and chemical goods. Finally, they insisted on the need for transparency in future agreements and cited as a counter-example the ACTA agreement.
Question
The WTO Chief of Staff stressed the need for countries to advance on multilateralism, pointing out that 40% of exports contain imported goods. The business sector representative called for BRICs to negotiate as they will in five years' time rather than how they were five years ago.
A member of a French NGO denounced trade agreements between countries of different economic sizes, referring  specifically to the agreement on dairy products between EU and India. The Euro-Chamber answered that Indians were benefiting from the chemical goods agreements. Mexico added it had benefited a lot from NAFTA
Sesión 7: The End of the North Atlantic Hegemony: Rise of New Global Economic Powers
Is the new balance of power the reason behind the impasse today?  This was the question that participants in Session 7 “The End of the North Atlantic Hegemony: Rise of New Global Economic Powers” tried to answer.
Economic multilateralism today confronts two opposing realities — globalization is moving the world to greater integration, but on the other hand, multilateral processes designed to facilitate integration in the past are deadlocked, said Mr Ujal Singh Bhatia, former Indian Ambassador to the WTO and member of the Appellate Body.
Dr Arthur Appleton, Partner at Appleton Luff International Lawyers, said that the trade machinery is not adequate to resolve problems when the trade reality is changing. The old system aimed at benefiting developing countries no longer works. New issues like investment, non-tariff barriers and the environment should be introduced.
Dr Shuaihua Cheng of the International Centre for Trade and Sustainable Development (ICTSD) advocated the engagement of stakeholders in international policy making. What he calls “three horses” — governments, business community and non-governmental organizations — should all play an important role in multilateral solutions.
Dr Jean-Pierre Lehmann, Founder of the Evian Group @ IMD, said that the world has changed dramatically while the trade institution has not. The rise of China, the global supply chain, the telecommunication revolution called for a new WTO. The Doha Round should be buried, he said.
Sesión 8: LDCs at the Crossroads: Status Quo or Sustainable Development?
The session  revolved around the issue of how least-developed countries (LDCs) could address the challenges stemming from the need to restructure their economies with the view to promoting sustainable development  in the context of emerging shifts in trade and investment flows and changes in their  institutional arrangement.
The session in particular addressed two questions:  how LDCs could diversify their export base, and also create a predictable and transparent economic framework. The panel was generally of the view that  although export diversification remained a necessary ingredient for  development, it was not a sufficient component and needed to be assessed within the broader context of competitiveness,  structural transformation and  multilateral /bilateral policy coherence.
With regard to the question of  how LDCs could diversity their export base, the panel emphasised the heterogeneity of  LDCs and the need to look at  export diversification, both in products and process.  The panel agreed however,  that export diversification should be linked to the creation of a sustainable employment structure.
A  panellist  noted that the rise in African LDC exports was predominantly in commodities, such as minerals and oil,  with almost no processing and thus there was an opportunity  to move  to the next step in the value chain. He, however, cautioned against African LDCs being pushed into the "raw materials" corner via the enhanced partnership with emerging economies.
Some commonly identified constraints for export diversification were cited as being : i) a poor regulatory environment;  ii) supply-side constraints such as  an infrastructure deficit; iii) lack of private entrepreneurship; and iv) the global economic and financial crises. Some opportunities for promoting exports in LDCs were identified as being the growth of regional and sub- regional trade (particularly intra-African trade) and global value chains.  Panellists also noted the marginalisation of LDCs in services trade and stressed that for landlocked LDCs the focus should not be on improving market access but rather  on the  GATT Article 5 " Freedom of Transit"  provision.
Discussing the creation of a predictable and transparent economic framework , panellists  stressed the importance of WTO accession for the remaining LDCs as this  would create a framework for a secure business and foreign investment climate and "lock-in" domestic reforms.  The panel also  agreed on the importance of developing a coherent and flexible policy framework not only at the WTO but also in other fora such as the UN (particularly in line with the Istanbul Programme of Action for Least Developed Countries) and the World Bank.
Sesión 9: Perspectives on Sustainability: Renewable Resources, Trade and WTO Governance
This session highlighted a number of issues that demonstrate the unsettled relationship between sustainability and trade in natural resources. The panel offered a multidisciplinary approach that, through its use of examples, crystalized into a discussion of the ability of the WTO system to address the challenges of sustainable development in a shifting global economy.
The panel observed that the manner in which the WTO governs trade in natural resources continues to develop, and is complicated by factors such as population growth, supply chain diversification, the planet’s bio-capacity and fundamental questions about the distribution of responsibility for sustainable development. Such factors are further complicated by the difficulties associated with identifying and measuring specific problems with trade in natural resources. For example, the panel referred to whether trade in natural resources could be treated as a homogenous topic, or whether a proper discussion mandates that such trade be identified in terms of the specific commodity or industry in question. It also recognized that existing WTO norms may not equip members with the regulatory autonomy to address issues of sustainability associated with trade in natural resources.
Keeping with the theme of the WTO Public Forum, panellists and attendees discussed how the multilateral system might address these difficulties. Some proposals considered the use of existing legal instruments, such as dispute settlement, which may encourage clarification of unsettled areas of law. Other proposals focused on reform of the WTO, through renegotiation and amendment of existing norms, or through institutional reform of the WTO according to which regional blocs would conduct multilateral negotiations.
Fuente: OMC
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