Re-ordering Where Competition and Customers Come from:
Implications of Trade Agreements on Business
Trade & Investment
12:15-2:00pm. For almost a decade and a half, the World Trade Organization has been trying in vain to complete the Doha Round of multilateral trade negotiations. Governments, business and other stakeholders are increasingly questioning the future of multilateralism as a vehicle for managing international trade relations. The WTO continues to administer existing rules and to settle trade disputes, but without the ability to negotiate, these functions will be compromised over time. Partly in response to the impasse, governments have increasingly favoured preferential arrangements. We have seen an explosion of bilateral agreements, and more recently some larger configurations that could prove to be game-changers.
These include the Trans-Pacific Partnership, the Regional Comprehensive Economic Partnership and the Transatlantic Trade and Investment Partnership. The TPP, RCEP and TTIP have far-reaching implications for the architecture of cooperation. While strengthening cooperation among the parties involved, they also risk fragmentation and reduced opportunity for businesses with interests that extend beyond single groupings. They also lead to exclusion and an intensification of geopolitical rivalry. First 15-20 minutes is for networking Sandwiches & beverages included Hosted by the Trade & Investment Committee
The American Chamber of Commerce in HK 1904 Bank of America Tower 12 Harcourt Road Central, Hong Kong