INTERNATIONAL TRADE: GLOBALIZATION OR REGIONALIZATION?

INTERNATIONAL TRADE: GLOBALIZATION OR REGIONALIZATION?

19 June, 17:15–18:30

In recent years, global trade has experienced sluggish growth of around 3% to 4% annually, markedly slower than previous long-term trends. Is global trade entering a period of secular low growth? Is regional trade integration a viable alternative to international multilateral regulation, or is it the only way to promote and deepen cooperation on a global basis? How might other initiatives, such as targeted investment in trade capacity and the expansion of free trade zones, trigger growth in trade?













Broadcast

Key moments

A big driver for growth this century ... is infrastructure growth and investments in infrastructure.
Lord Mandelson
We need trade to increase productivity.
Andy Xie
What makes trade grow is innovation.
Sultan Ahmed bin Sulayem
The most important trade effects are the political effects.
Christian Friis Bach
Above all, I would steer the efforts of the global community towards revitalising the WTO agenda.
Alexey Mordashov
Trade is not only an important and beneficial factor, but an instrument for accelerating growth [in the economy].
Alexey Mordashov
We must make regionalism not a stumbling block towards global integration, but a building block towards further integration.
Christian Friis Bach
Small business, small business financing, small business investment: these represent fundamental pillars of global economic activity.
Lord Mandelson
We are undergoing a structural change in the trade map.
Andrey Slepnev