fash-biz-digest

Is the world trade organization a paper tiger?

The answer to this thorny question is no because the world trade organization can be described as the policeman of international trade. Due to the fact that, the multilateral trade watchdog, has at his disposal, policy instruments and instances to enable developing countries bring up cases relevant to the consequences of (sugar, cotton and rice)subsidies against the EU and the US.

The world trade organization also offers trade diplomats, lawyers, development activists and public relations people, the opportunity to elaborate campaigns and influence in no small way, the position of the wto.