DG Moore welcomes G-8 statement on launch of new trade round
World Trade Organization Director General Mike Moore, on 23 July 2000, welcomed the statement from leaders of the Group of Eight industrial countries that a round of multilateral trade negotiations should commence this year. A trade round, Mr. Moore said, offers the best way to ensure balanced negotiations which reflect the interests and concerns of all WTO member governments.
It would be a splendid thing if we could launch a round this year. I welcome the fact that such an important group of world leaders has cast a spotlight on the importance of such negotiations to the people of the world. This is an important step. But the WTO makes all of its important decisions by consensus and while agreement on a package of negotiations from the Group of Eight is welcome, there can be no launch of talks without support from the worlds developing countries. It is through a round that our organization can achieve a balanced agreement that enables us to tackle the many problems and concerns affecting the worlds citizens. Only through a round can you get the trade-offs that benefit the smallest and most vulnerable societies.