Sentences with phrase «multilateral system»

The phrase "multilateral system" refers to a cooperative approach where multiple countries come together to solve common problems or make decisions. It means working together and considering the perspectives and interests of various nations rather than acting individually. Full definition
Most members agree that what is needed is a new multilateral system of export controls which extends a helping hand to the former communist countries while strengthening agreements designed to stop the proliferation of technologies related to nuclear weapons.
Companies and investors may need time to decide whether a more competitive international negotiating strategy is now replacing (or merely complicating) the post-war multilateral system and the authority of the supranational World Trade Organization.
Yeb believes that the Kyoto Protocol is the indication of sincerity, integrity, and transparency in this whole multilateral system.
China said the U.S. is sabotaging the multilateral system represented by the World Trade Organization, and its actions will «seriously shake» the global trade order.
It's what the multilateral system was designed to do — level the playing field, removing the case from a stacked negotiating forum where a powerful bully dominates and relying on the WTO's judicial body to dispassionately review one member's complaint against another.
CHRISTINE LAGARDE, IMF DIRECTOR: Remember, the multilateral system that transformed our world over the past generation has created millions of new jobs with higher wages.
Trump has no investment or interest in preserving the multilateral system.
And its bearing on the future of the global economy — particularly the multilateral system, and how the IMF will evolve.
The course looks at issues ranging from protectionism to obligations under the World Trade Organization and the growing number of preferential trade agreements that often extend more stringent rules than the multilateral system.
More broadly, Trump's move risks undermining international order built on mutual trust in the World Trade Organization, the multilateral system of dispute settlement designed to keep trade fair.
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?
The G8 expressed their commitment to establish automatic exchange of information between different national tax authorities and their support to the Organisation for Economic Cooperation and Development (OECD) to develop a multilateral system to implement it.
One of today's ironies is that those of us living in democracies too often look to government and the multilateral system to answer the world's problems instead of taking action ourselves.
The multilateral system must be reformed to cope with the defining challenges of our time, namely transforming humanity's relationship with the planet and rebuilding trust between people and nations.
There was a full on effort by big emitters to completely destroy the multilateral system on climate change following Copenhagen.
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