The Chinese Commerce Ministry on Saturday urged the U.S. to «exercise restraint in using trade protection tools, and observe
multilateral rules,» according to the Xinhua report.
Take it to the WTO, accept multilateral institutions,
multilateral rules,» Balakrishnan said.
Speaking on the sidelines of an official trip to Jakarta, Yau, the city's secretary for commerce and economic development, said: «We will continue to be a voice of
the multilateral rule - based free trade system... and a valued partner of all participants in the system, including the US.»
Middle - sized economies that really needed
a multilateral rule - based system to survive.
Not exact matches
Goods not subject to bilateral or
multilateral trade agreements are still subject to non-preferential
rules of origin, which are overseen and mediated by the World Trade Organization (WTO).
The policy challenge will be to find the equilibrium between the legitimate domestic concerns of national governments and the free trade
rules of
multilateral arrangements such as concluded by the GATT negotiations.
This is the first great conundrum of trade power politics in the twenty - first century: will the
multilateral system successfully accommodate the economic and commercial strategies of Brazil, India, China and Russia and grow, or will the disparity between WTO norms and these countries» growth paths and attitudes to cooperation have become too great for a single set of
rules effectively to prevail?
Rather, the devil lies in the detailed sharing out of the task - list between different actors, including WTO and other
multilateral and plurilateral
rule - making and negotiating for a, OECD and other best practice fora, and national actors.
It is because of this lack of
multilateral coordination that international
rules governing foreign investment have been established through a myriad of international investment agreements (IIAs) negotiated and concluded either as bilateral investment treaties (BITs) between two countries, or through
multilateral negotiations.
Trump's «America First» agenda — typified by its economic protectionism and rejection of the established
multilateral order — is entirely antithetical to the G20's previous commitments to reject protectionism and safeguard the liberal,
rules - based,
multilateral governance order.
They are also difficult because the
multilateral climate body — the UN Framework Convention on Climate Change — includes over 190 countries; these countries are grouped into various blocs with criss - crossing agendas and priorities; long - standing north - south resentments continue to rile the debate; and negotiations are governed by a consensus
rule of procedure (bloody consensus!
REDD countries looking to receive the money have to follow different
rules depending on which
multilateral agencies and donor countries they are working with.
And if the
rules for what counts as climate finance are not quickly set right, the new Green Climate Fund, the world's premier
multilateral climate institution, could also end up supporting climate polluting projects masquerading as climate finance.
«The absence of an independent accountability mechanism puts the CDM significantly behind other
multilateral and some bilateral financing institutions» commented Filzmoser, adding that, «To increase the credibility of the CDM as a viable climate finance instrument in the future, the CDM Board's only sensible choice is to adopt
rules that ensure that the CDM applies appropriate human rights standards in line with the most advanced relevant standards applicable to climate related programmes and projects.»
Can WTO
rules and a successful outcome to the Doha round contribute to a
multilateral solution to climate change?
46 To that end, it should be noted that, on the basis of customary
rules of general international law and those of
multilateral agreements, the Head of State enjoys a particular status in international relations which entails, inter alia, privileges and immunities.
Legal claims brought against a Sovereign State or its instrumentalities by a foreign investor under a bilateral or
multilateral investment treaty, or a contract or a domestic investment law, require a legal team of the highest international caliber: with great expertise in international law, a deep understanding of the civil and common law systems, extensive experience in the various fora and
rules under which claims are raised, an enhanced capability to analyze complex facts and industries, broad language abilities, and sensitivity to political and cultural issues in the various regions of the world.