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SESSION 31: IS A MULTILATERAL APPROACH TO FAIR TRADE POSSIBLE?:A PARLIAMENTARIAN POINT OF VIEW
Organizer: Assemble Parlementaire de la Francophonie
Date: Wednesday, 26 September, 9:00 11:00
Meeting Room: S2
ABSTRACT
In a rapidly evolving multipolar world, in which economic wealth is gradually shifting eastwards and southwards and natural resources are more and more limited, international cooperation is going through a major crisis. The emergence of countries such as Brazil, China, India and South Africa, coupled with the relative decline of the traditional economic powers, has opened up new opportunities, as reflected in the unprecedented growth of SouthSouth trade over the past decade. But at the same time, new tensions have emerged, notably between countries with significant trade surpluses and those with growing trade deficits. These tensions are having an impact on international negotiations, particularly trade negotiations, but also in areas such as climate change and food sovereignty.
Fair trade is a trading partnership based on dialogue and transparency. The francophone parliamentarians are therefore convinced that with the advent of multilateralism, the development of countries in the south can only be truly meaningful in the framework of renewed multilateral cooperation. It is with this in mind that la Francophonie is supporting the efforts of all its members, particularly its least-developed country members, to revive the multilateral trade negotiations at the WTO so that developing countries can at last participate effectively in the world economy in keeping with the objectives of the Doha Development Agenda. The purpose of this workshop is to share and confront the different viewpoints surrounding this topic, including the views of parliamentarians on their involvement in multilateralism in general and in fair trade in particular.
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