1 Jun 2022

How to bring the WTO into the twenty-first century? Yet another successful seminar at the World Trade Institute

On May 31, the World Trade Institute had the pleasure and honour to welcome James Bacchus, Distinguished University Professor of Global Affairs and Director of the Center for Global Economic and Environmental Opportunity at the University of Central Florida. The lecture was part of our Global Economic Governance Seminar Series.

The World Trade Institute is extremely thankful to James Bacchus, one of the leading academic feature in the field of global affairs and international relations.

The lecture, part of the WTI's Global Economic Governance Seminar Series, looked at the World Trade Organization and the existential crisis it is undergoing. Trade links the world not only through the flow of international commerce in goods, services, and ideas; but also through its economic, environmental, and social impacts. Trade links are supported by a WTO trading system founded on rules established in the 20th century, which do not account for all the modern changes in the global economy. James Bacchus posits that this global organization can survive and continue to succeed only if the trade links among WTO members are revitalized and reimagined. He explains how to bring the WTO into the twenty-first century, exploring the ways it can be utilized to combat future pandemics and climate change and advance sustainable development, all while continuing to foster free trade. 

You can watch the recording of the lecture here

Check out some photos here.