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A Panel Discussion on Whither WTO Post Covid-19 Pandemic?
Some of the points to be discussed:
What could be the way forward on WTO reforms? Lessons learned during the Covid-19 pandemic? How is the recent change in US administration like to affect @wto?
"The future of the WTO will depend on its response to the pandemic. We are looking for reforms based on inclusivity and development"
- H.E. Xolelwa Mlumbi-Peter, Ambassador and Permanent Representative of South Africa to WTO at #AsiaEconomicDialogue
“An economic recovery agenda must focus on transparency and cooperation.”
H.E. Madam Xolelwa Mlumbi-Peter, PR of South Africa to @WTO at #AsiaEconomicDialogue
"It is important to preserve the principles of WTO. Consensus decision making is also critical" concludes H.E. Madam Xolelwa Mlumbi-Peter during her address at #AsiaEconomicDialogue panel discussion on 'Whither WTO Post Covid-19 Pandemic?'
"Trade policy is expected to and can play a role in boosting the economy. The WTO system is central to the European trade ecosystem and multilateral ties..."
"The pandemic has not affected all countries in the same way. We need to address the damage in granular & targeted ways"
says H.E. Amb João Machado while speaking about the measures needed to be taken in regards to the COVID-19 pandemic. #AsiaEconomicDialogue @rameshmashelkar
"It is not the demise of the multilateral trading system. We must strive to do better. We must preserve the rules & objectives of the multilateral trade."
- H.E. Brajendra Navnit, Ambassador and Permanent Representative of India to WTO speaking at #AsiaEconomicDialogue
"Inclusiveness brings purchasing power and increases the size of the market. We (India) have become the 5th largest economy, by following inclusive growth principle."
"This is not the time for rule-making under e-commerce. The way Australia has handled the e-commerce field is commendable" says H.E. Amb Brajendra Navnit, India's PR to @wto, at #AsiaEconomicDialogue
"Developing countries are disproportionately affected. The agenda has to be open to the issues of such countries. The processes need to be fair & flexible. A transparent & balanced dialogue is necessary"
- H.E. Amb Cheryl Spencer, PR of Jamaica to @wto @rameshmashelkar@MEAIndia
"For any system to survive, it has to be relevant. If all members have to have a stake in the system, equal priority has to be given to the interest of all the members."
Dr. Abhijit Das, Head & Professor, Centre for WTO Studies, Indian Institute of Foreign Trade @rameshmashelkar
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"With the USA, we had an element of continuity.
We are trying to work out details of proposals, to make the supply chain more resilient & work more in the indo-pacific region" - Mr. H. V. Shringla, Foreign Secretary, Govt of India
"Countries such as France, Germany, Netherlands have come up with a strong Indo-Pacific strategy.
We would like to see greater engagement with the EU on the Indo-pacific, defense & security, economy, & trade" - Mr. H. V. Shringla, Foreign Secretary, Govt of India @rameshmashelkar
"It time to recognize that many countries have other options, like adopting the open-door policy. India has to adapt and to build ties by working harder." @VGokhale59 at #AsiaEconomicDialogue
"The crisis of COVID19 has been that of unprecedented magnitude. We saw very high economic gyrations. We gave primacy to the security, safety & health of our employees as well as following the protocols"
Day 2 at 'MEA-PIC Asia Economic Dialogue 2021':
Join-in today (27th Feb) at 11 AM IST, for a panel discussion on 'Building Reliable Global Supply Chains'.
Started: "Global Finance in a Post Covid-19 World"
It will cover:
"Economic damage, progress, what next and its time frame, and, assessing the response from the financial system today"
Mr. K. V. Kamath, Former President, New Development Bank is the session chair @rameshmashelkar
"Governments have taken a double hit, tax side, as well as they are needing to spend more." Ms. Manuela Ferro, Vice President (Operations, Policy, & Country Services), World Bank
"NPAs in the banking sector need attention. They are going to be a major risk in a financial system, especially the capacity of lending will be affected."
Mr. Shixin Chen, Vice-President (Operations 1), Asian Development Bank