WTO Deputy Director-General Alan Wolf delivered a lecture at the University of International Business

On 24 September 2018 Deputy Director General of the World Trade Organization (WTO) Alan Wolf delivered a lecture at the University of International Business (UIB) in Almaty. The main topic of the lecture was the role of the WTO in the rapidly changing modern world. The WTO is an important platform for discussing such topical issues as the growth of trade restrictive protectionist measures, financial crisis, electronic commerce, environmental protection. WTO Members come to understand that modern realities require the organization to provide flexible and timely solutions. In this regard, more and more WTO Members demonstrate the political will to institutional change in the above issues.

In his speech, Alan Wolf noted the active participation of Kazakhstan in the work of the WTO. Despite the fact that the country is a young Member, Kazakhstan makes a significant contribution to the work of the WTO, in particular, to the work on technical cooperation.

Upon this year, Kazakhstan chairs the negotiating group on the further reform of the WTO rules on trade in services. The service market has tremendous potential for growth in trade. Therefore, liberalization of trade in this area can give an impetus to the economic growth of all WTO Members.

The Deputy Director General on behalf of the WTO thanked UIB for fruitful partnership in the implementation of the WTO Regional Trade Policy Course for the countries of Central Asia, the Caucasus and Eastern Europe. More than 70 civil servants took part in regional course, which allowed to increased their knowledge in this field.

In conclusion, he noted the special role of Kazakhstan in the international trade system in connection with its election as host of the country 12th WTO Ministerial Conference. The Ministerial Conference is the highest body of the WTO, which makes the most important decisions affecting the trade policy of virtually all countries of the world.

Created at : 24.09.2018, 09:45, Updated at : 24.09.2018, 09:45