The U.S. president is taking trade decisions that are in total violation of the WTO rules, that was the case with these Mexican tariffs. The notion that you put a tariff because there are too many people crossing the border is just miles away from any letter and spirit of the WTO agreement. Which is why I qualify this as hostage-taking.

Pascal Lamy

Categorized in : Business

To set us on the right course we need to create more opportunities for trade, particularly in developing countries, and we need to adjust global trade rules to better meet the needs of entrepreneurs in the 21st century.

entrepreneur opportunity country

Today we can be sure we are heading into the right direction. We managed to put the round back on track, after a long hibernation. But we are not there yet.

hibernation track long

Globalization is incredibly efficient but also so far incredibly... by Pascal Lamy

Globalization is incredibly efficient but also so far incredibly unjust.

economic unjust inspiring

It is not good news, but we have to face reality. by Pascal Lamy

It is not good news, but we have to face reality.

news faces reality

It is not so much the United States that is trying to push the European Union in one direction or another, it is developing nations as a whole that are pushing the United States and Europe to open their markets a little more.

one-direction trying europe

Russia and Ukraine are candidates for the entry to the WTO and their dispute would be easy to understand and tackle if they are both members of this organization.

ukraine russia organization

My reaction is it seems that hostage-taking works. That's my reaction, if there's a rule of law, it's because people believe it's better than the law of the jungle. And many people don't like the law of the jungle because some are strong, some are weak, and they don't want the strong to always step on the weak.

business

The others have to find a way to stabilize the multilateral rules... by Pascal Lamy

The others have to find a way to stabilize the multilateral rules-based system.

business

I can understand that from his side but he has to think about the impact of this on the continent, if you want a proper balanced, win-win relationship in the future, starting with tax competition is not the right way psychologically to prepare this negotiation.

company-news

I can understand that from his side but he has to think about the impact of this on the continent, i am quite convinced that at the end of the day, if you want a proper balanced, win-win relationship in the future, starting with tax competition is not the right way psychologically to prepare this negotiation.

healthcare

Boris felt before others that euroscepticism was an incredibly good mine for media, whether he had any adherence to the belief that the EU is a danger to the UK, I never thought that. He is too clever for that. He just found a way to make himself known.

world

Boris was fed with European milk. He was a European child in many... by Pascal Lamy

Boris was fed with European milk. He was a European child in many ways.

world

I've been in this business for 30 years and the Germans have never been a problem, the Germans were pushing the French in the right direction. Now, I have to go and tell the French to go and help the Germans.

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