Showing 1 - 10 of 60
Developing nations sour on multilateralism
Oped, Published on 23/03/2024
» Multilateralism is waning, and one of the world's leading multilateral institutions, the WTO, is in crisis because the US has been blocking new appointments to its dispute settlement mechanism's Appellate Body since 2018. In the run-up to the WTO's 13th Ministerial Conference last month, some optimists hoped to see progress on specific issues, such as an agreement not to impose tariffs on digital commerce, but expectations were generally low.
The WTO's investment challenge
Oped, Published on 01/03/2024
» Every country is eager to attract foreign direct investment -- and for good reason. FDI facilitates capital inflows, creates jobs, drives skills development and facilitates technology transfers, accelerating economic growth and enabling recipient countries to access global markets.
Why sanctions against Russia are failing
Oped, Published on 23/01/2024
» When bilateral talks fail to resolve disputes between sovereign countries, aggrieved parties may turn to an international judicial body, such as the International Court of Justice in The Hague. Alternatively, treaties or agreements often incorporate provisions for arbitration or mediation of disputes by a pre-designated entity.
To invest or not to invest in Thailand?
Published on 28/06/2023
» In this post-Covid era, Foreign Direct Investment (FDI) into Thailand has been on the rise, with FDI inflows and applications for investment promotions increasing 36% from the previous year (approximately $13 billion). Accordingly, Thailand's gross domestic product (GDP) is expected to increase from 2.6% in 2022, to a projected high of 3.7% in 2023.
Sleepwalking into another trade war
Oped, Published on 10/01/2023
» The world is embroiled in a mega-crisis comprising the Covid-19 pandemic, Russia's war in Ukraine, high inflation, recession fears and rising debt distress across emerging markets and developing countries. The last thing we need is an additional source of economic harm. But that's what we may get, in the form of another destructive trade war.
Let the WTO referee carbon border taxes
Oped, Jeffrey Frankel, Published on 08/12/2022
» Perhaps the most important task confronting the international order is the enforcement of national limits on greenhouse-gas emissions, such as those that were negotiated in the 2015 Paris agreement. Carbon border adjustments could give these limits teeth, but fair application requires a revived World Trade Organization.
A restored WTO just the tonic
Oped, Published on 25/05/2022
» Russia's invasion of Ukraine has heightened everyone's appreciation of global issues and interconnectivity. In addition to geopolitical and defence concerns, there is a renewed focus on the state of international trade. After continuing Donald Trump's destructive trade policies for more than a year, US President Joe Biden's administration finally appears to have recognised the importance of strong trade relations. The United States is holding consultations with the European Union to expand cooperation on trade and technology, and with others on issues such as agriculture.
Justice del ayed, often denied
Life, Yvonne Bohwongprasert, Published on 08/11/2021
» The impact of Covid-19 on the functioning of Thai courts has created case backlogs and raised concerns over the human rights of the accused during trials via video conferencing, legal experts shared at a panel discussion hosted by the European Union.
WTO pushed to facilitate shipments of Covid cargo
Business, Phusadee Arunmas, Published on 25/08/2021
» The World Trade Organization (WTO) is being urged to step up its role in tackling new trade barriers and providing trade facilitation for essential products to cope with Covid-19 such as vaccines, medicines, medical supplies and medical equipment.
Sticking points as post-Brexit talks enter final phase
AFP, Published on 28/11/2020
» BRUSSELS - Negotiations between Britain and Europe on their post-Brexit trade relationship are at a critical moment, with a deal needed within days if it is to be ratified this year.