国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語(yǔ)Fran?ais
Opinion
Home / Opinion / Editorials

Reform should reinforce primary purpose of WTO: China Daily editorial

China Daily | Updated: 2018-11-22 21:26
Share
Share - WeChat
[Photo / IC]

In a sign of the escalating tensions between the United States and its major trading partners, the World Trade Organization agreed on Wednesday to hear complaints from the European Union and countries such as China, Canada and Mexico over new US steel and aluminum tariffs — imposed on national security grounds — as well as complaints from Washington over retaliatory duties.

And in a thinly veiled warning to the world trade body, the US delegation said any review of its measures taken for national security reasons would undermine the "legitimacy" and "even the viability of the WTO as a whole".

Such is the tough stance as adopted by the White House, which has blocked judicial appointments to the WTO, that it risks paralyzing its system of trade dispute settlement. The US has even threatened to quit the WTO if it does not "shape up".

No one questions that the WTO urgently needs to reform. Twenty-three years after it was founded, the world body that sets the rules governing global trade is facing multiple challenges that range from improving its dispute settlement system, and cutting agricultural subsidies to increasing market access.

But if the US wants to turn the WTO into a tool for it to meet its own particular needs in the name of reform, or even use it to "put China in a tailor-made straitjacket of trade rules" to constrain its growth — as China's ambassador to the WTO Zhang Xiangchen said — it will definitely fail.

Washington has shown it is willing to pay no heed to international rules it perceives as not serving its own interests, while brazenly accusing China of breaking WTO rules.

In fact, as the world's largest trader, China is shouldering the responsibility of safeguarding the rules-based system and it is holding the banner for WTO reforms, which it hopes can make the world body function more effectively.

The WTO, including its dispute settlement system, was not set up, as US President Donald Trump has claimed, "for the benefit of taking advantage of the United States". It was set up to facilitate global trade.

And as China says, reform of the WTO does not mean reinventing the wheel, nor is it an excuse for not implementing the rules.

The aim should be to strengthen the authoritativeness and leadership of the WTO in the multilateral trading system, so it can rein in protectionism and better promote free trade and economic globalization.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
南开区| 五大连池市| 上高县| 织金县| 梓潼县| 龙岩市| 定兴县| 施甸县| 寿宁县| 威宁| 乌苏市| 驻马店市| 临邑县| 陵水| 新郑市| 玛纳斯县| 富源县| 大丰市| 巴青县| 鸡东县| 北流市| 高清| 莆田市| 毕节市| 太仆寺旗| 永善县| 静海县| 将乐县| 从化市| 和静县| 乾安县| 阳西县| 石屏县| 翼城县| 海伦市| 兴山县| 彭州市| 镇原县| 玉树县| 张家口市| 讷河市|