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4 - Why Don’t We Have a WITO? G20, TPP and WTO

from Part II - China, BRI and International Trade Dispute Resolution

Published online by Cambridge University Press:  03 March 2021

By
Guohua Yang
Edited by
Wenhua Shan ,
Sheng Zhang  and
Jinyuan Su
Wenhua Shan
Affiliation:
Xian Jiaotong University, China
Sheng Zhang
Affiliation:
Xian Jiaotong University, China
Jinyuan Su
Affiliation:
Wuhan University School of Law
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Summary

It analyses the trade outcomes of the G20 Hangzhou Summit, by revealing its position on strengthening the multilateral trading system, advancing negotiations on Doha issues, ratifying the Trade Facilitation Agreement, opposing protectionism on trade and supporting plurilateral trade agreements like Environmental Goods Agreement. It points out that the G20 Hangzhou Summit will be beneficial to the development of both WTO and G20. It also discusses specifically the importance of including issues in regional trade arrangements, the possibility of establishing a World Investment and Trade Organization (WITO) and the role of China in this aspect.

Keywords

G20 Hangzhou summitmultilateral trading systemprotectionismWorld Investment and Trade Organization
Type
Chapter
Information
China and International Dispute Resolution in the Context of the ‘Belt and Road Initiative’ , pp. 78 - 96
Publisher: Cambridge University Press
Print publication year: 2021

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