Regulation is an important tool used by governments to keep people safe and healthy, preserve the environment and promote sustainability. However, when regulation becomes too complex, or when it differs unnecessarily across countries, costs can rise and trade can suffer. When this happens, differing standards and regulations can be counterproductive because they may undermine cooperative efforts to solve problems of the global commons, including those related to climate change, health, and digitalization.
This symposium will discuss cooperation on standards and regulations as a means of defusing trade friction.
Opening the symposium, WTO Deputy Director-General Jean-Marie Paugam will be joined by high-level officials from Uruguay, the United States, Singapore, and the European Union to discuss which type of multilateral cooperation is most effective in overcoming regulatory bottlenecks
Click here for more details and to register.
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