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  quotes on MTS > Countries & multilateral trading system  

 

Author

Date and source

Quotes

Geethanjali Nataraj of the Indian Institute of Foreign Trade, and Pravakar Sahoo of the Institute of Economic Growth 5 August 2003

Business Line, India

One must remember that good trade policy begins at home.  The surest way to liberalise and progress is to reform one's domestic economy,  Whether one follows the regional or multilateral track, reforming the domestic economy is imperative in order to maximise the gains from trade liberalization.
Gary S. Becker 21 April 2003

Business Week

The antiglobalization movement may get its wish for a breakdown in the world economic order because of sharp reductions in the international movement of capital and people due to terrorism and a more divided West.  But the biggest losers will be not the relatively rich members of the G7 countries but rather the nations that want to extricate the mass of their populations from extreme poverty and disease.
US Trade Representative Robert B. Zoellick, speaking about  earlier threats to bring an international trade case against the EU's ban on genetically altered food. 3 March 2003 "We both recognize this is a time of international tension and uncertainty."  Despite differences "the plain fact is that the United States and the European Union are joined at the hip economically."
US Ambassador to Russia Alexander Vershbow 5 January 2003

Financial Times, through the Interfax News Agency

The big question is:  can Russia in the year before elections make the necessary decisions to find reasonable compromises on access to the Russian market in such sensitive areas as financial services, banking, insurance, civil aviation, motor vehicles, agriculture and telecommunications, where a balance will need to be found between protecting industries that are still in transition and providing access to other traders.
Jerry Haar, researcher at the University of Miami's North-South Center 20 December 2002

The Christian Science Monitor

Chile has always been the beauty queen in terms of neoliberal economic reform.
Armenian Prime Minister Andranik Margaryan 10 December 2002

Dow Jones Newswires

After the declaration of independence, the foreign economic and trade policy of Armenia has been directed toward integration into the world economy, stimulation of exports, attraction of investments and intensification of the cooperation with international organizations.
Niall Fitzgerald
Chairman, Unilever
17 October 2002 "There are no meaningful trade negotiations if they (the US and EU) are not committed to liberalise.  If our leadership would be truly bold, they would acknowledge the immensely beneficial effect from serious early offers of trade liberalisation - eg on agriculture and textiles - and put down their offers at ane earlier stage of the process instead of the last days of the negiotiations."
Director-General Supachai Panitchpakdi 16 October 2002 "FYR of Macedonia's forthcoming accession to the WTO is an important event.  It commits a young and economically reforming country to the multilateral trading system while creating a more predictable environment for business, trade and investment."
New Zealand Agriculture and Trade Minister, Jim Sutton 27 November 2001

Agence France Presse

" I do not see these free trade areas and closer economic partnerships as new defensive walls that divide regions because they exclude neighbours who don't belong(...) Rather, they signal a determination to head even faster towards the goals that all WTO members are committed to (...) The WTO provides the broad framework of rules for international trade and a forum for pursuing trade liberalisation at a global level but high quality closer economic partnership deepens economic interaction."
Russian President, Vladimir Putin 16 October 2001 

Reuters

" We expect to join the World Trade Organisation and consider that our priority, but many of our goods are not competitive and we must carefully analyse the consequences...We feel confident joining the WTO will have a positive impact on the entire Russian economy but details matter here and we would like to hear your opinion on that."
Centre for International Economics,  Australian Agency for International Development,  Australian Department of Foreign Affairs and Trade and Australian Treasury 16 October 2001

Report entitled "Globalisation and Poverty - Turning the Corner" 

" Two notable examples among many ‘new globalisers’ are China and India. When these two countries rose out of the list of the 20 poorest countries in the 1980s,they took a large share of the world ’s population out of extreme poverty. Around 2.2 billion people in these two countries have,on average,seen their material standards of living rise remarkably over the past two decades. At the same time,people in some other,smaller countries have remained poor. Many newly formed states have weak institutions and have been impoverished by the conflicts that led to their formation,creating new entrants to the ranks of the world ’s poorest countries. Encumbered by internal conflict,poor governance,anti-business policies and low participation in international trade,these countries have excluded themselves from the process of globalisation,sometimes even producing declining incomes and rising poverty."

Link to the full Report (pdf format, 725 KB, p. 32)

Agence France Press 8 October 2001

Agence France Press 

" Jordan and Syria have signed a free trade agreemeent aimed at increasing annual two-way trade by more than 100 million dollars in the years to come, officials said Monday.(...) The new agreement will effectively replace the 1975 Jordan-Syrian trade convention which is seen "incompatible" with new trade laws and requirements by the World Trade Organisation."
Hong Kong's Secretary for Commerce and Industry, Chau Tak Hay  8 October 2001

Dow Jones International News Service

" In the process of globalization, we (Asian countries) are like riding on a bicycle. If you don't move on, you fall."
WTO Director-General, Mike Moore 

18 September 2001

Statement at the Press Conference marking the conclusion of the work of the WTO's Chinese Taipei Working Party

" Mr. Chairman, can I, on behalf of the wider Membership of the WTO and our Staff, thank you for your commitment, for your professionalism and the Vice-Minister for the result. This is an important day for the WTO. In my time here, the last two days have been probably the most exhilarating, knowing that history has been made and things will not be the same and to see Chinese Taipei, along with China, Lithuania, Oman, Jordan, Croatia, Albania, in the last two years, all become active members of a rules-based system. It serves as an example that is extremely important. I do think it sends a message of a people's commitment to a world order run by rules, an order where the definition of civilised behaviour is settling differences by the rule of law, through dispute systems and by agreement. So, I think this is a splendid day, and for the Staff that has given so much of its time and professional work to this enterprise, thank you for your professionalism and for the way in which this was achieved. I look forward to a better future, knowing this is becoming, day by day, a truly world organization."
Reuters 5 September 2001

Reuters

" China bought $71.35 billion worth of goods from Asia in the first half of 2001, half its total imports. But some of that was raw materials and equipment to make goods to export. Except for Hong Kong, China accounts for just a small part of the exports from most Asian economies: 11.6 percent for South Korea, 7.4 percent for japan and four percent for other countries, Deutsche Bank Estimates."   

Batuk Ghatani, quoting an EU Economic policy paper  4 September 2001

The Hindu

" It is noted that China's total trade rose from $20 billion in 1979 to $237 billion in 1994 and with Hong Kong added could be heading towards the $500-billion mark." 

Chairman of the Cato Institute, William A. Niskanen
27 July 2001

Highlights from the "Fight Back With Free Trade" Press Conference
National Press Club, National Press Building, Washington D.C.

" A new comprehensive, multilateral trade agreement is especially important at this time to maintain the momentum of increased trade and economic growth in those developing countries that have recently joined the World Trade Organization. It is encouraging, but not accidental, that the governments of these same countries have also supported our government in the fight against terrorism, because international trade promotes both economic growth and more civil relations among nations."

Vice Chairman of State Development Planning Commission of the People's Republic of China, Chunzheng Wang 5/6 July 2001

Speech at the Credit Suisse Winconference 2001, Interlaken, Switzerland

 

" Globalisation is both an opportunity and a threat for emerging countries like China. The opportunity lies in greater exchange with the outside world, including foreign investment and tourism. The threat comes from increased competition, accentuating the need for speedy internal reform and modernisation. " 

Deputy Prime Minister for social issues, culture and education in the Russian government, Valentina Matvijenko 5/6 July 2001

Speech at the Credit Suisse Winconference 2001, Interlaken, Switzerland

"We want to increase our integration in the international community and become a full member of the WTO. We cannot understand why such unreasonably high demands are being placed on us."
     
     
     
     
     
     

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