Discover and read the best of Twitter Threads about #rulesbasedtrade

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They just keep on coming. This morning it was the turn of @bbcworldservice Newsday bbc.co.uk/sounds/play/w1… (from 14 mins 50 seconds)

1/3
The BBC's reporter said WTO dispute settlement decides whether trade measures are “fair”. That misses the point completely. It's about keeping your promises (commitments) and playing by agreed rules.

#RulesBasedTrade

bbc.co.uk/sounds/play/w1… from 14 mins 50 secs

2/3
Newsday’s guest said the WTO’s function is to settle disputes. It’s not.

It’s to keep trade flowing smoothly & predictably, through negotiated rules (agreements).

Dispute settlement is one of many tools to achieve that

#RulesBasedTrade

bbc.co.uk/sounds/play/w1… from 14:50

3/3
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