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KOR

Press Releases

Holding of the Seminar on the 「Global Economic Crisis and Future Direction of the Multilateral Trade System」

Date
2009-11-16
hit
1841
1. The Ministry of Foreign Affairs and Trade will co-host an open seminar on the “Global 
Economic Crisis and Future Direction of the Multilateral Trade System” with the Korea 
Institute for International Economic Policy (KIEP) on November 18 at the Shilla Hotel 
(reception hall) in Seoul.

2. At the seminar will be examined the outstanding issues such as the DDA negotiations 
for the 7th WTO Ministerial Conference Meeting, which will be held from November 30 to 
December 2 in Geneva, Switzerland. Furthermore, in depth discussions will be made on 
the roles and challenges of the WTO, including the ways to recover from the global 
economic crisis and strengthen the multilateral trade system.

 o Specific themes of the seminar: (1) agenda for the 7th WTO Ministerial Conference 
    Meeting and ways to strengthen the multilateral trade system, (2) prospects and 
    ways to deal with the DDA negotiations on agriculture and fisheries and (3) role of 
    the WTO in the recovery of the global economic crisis

※ At the 7th WTO Ministerial Conference Meeting will be discussed the roles and challenges 
of the WTO for the mid- to long-term development of the multilateral trade system and the 
examination state of the play present situation and the ways for improvement progress of 
the DDA negotiations for the mid- to long-term development of the multilateral trade system

3. In particular, this seminar will provide an opportunity for constructive discussions that 
generate suggestions for various policies to be made among the public, private and 
academic sectors on ways to overcome the global economic crisis by strengthening the 
multilateral trade system and on ways to guarantee Korea’s trade benefits in the DDA 
negotiations.

                  Spokesperson and Deputy Minister for Public Relations of MOFAT

*unofficial translation