That organization provides a forum for negotiating further reductions of trade barriers, settling trade disputes, and enforcing
the agreed global trade rules among nations.
Not exact matches
The Western - dominated
global financial system relies on a slew of internationally
agreed - upon
rules, norms and institutions that let countries
trade and invest in each other.
To quote Elizabeth Economy from last August, «Whether we're talking about food and product safety, or environmental implementation of anything China might
agree to when it comes to
global climate change, or
trade and investment barriers and intellectual property rights protection, all of them hinge on China having an effective
rule of law.
We've been able to
agree global rules that deal with
trade, patents, human rights (to some degree), war etc..