115/ DG Azevêdo: A strong trading system is key to help Brazil’s global integration

27 September 2019

Director-General Roberto Azevêdo discussed the importance of a strong trading system to help Brazil’s global economic integration strategies during his visit to the country in September 2019. He spoke about the current debates on how to strengthen the WTO and global trade cooperation, and how those efforts could help complement Brazil’s work to modernize its economy and adapt to the challenges of the 21st century.

On 27 September, in São Paulo, the Director-General gave an address at the Lawyers Institute of São Paulo (IASP) about Brazil’s role in the future of international trade. His full speech is available here (delivered in Portuguese). He also discussed the importance of a rules-based trading system at the opening event of the Brazilian branch of the Chartered Institute of Arbitrators (CIArb). His full speech is available here (delivered in Portuguese).

Speaking in São Paulo, the Director-General said:

“It is encouraging to see that trade integration is high on Brazil’s economic agenda — both for the government and the private sector. This is key to boost the competitiveness of the Brazilian economy. Of course, reforms to increase trade openness must happen simultaneously with other domestic efforts to strengthen the country’s economy. This includes policies aimed at helping the country adapt to the structural changes of the 4th industrial revolution, including in areas such a seducation, reskilling and retraining displaced workers, as well as infrastructure.

“WTO work can also play an important role to help these efforts. Ongoing discussions to strengthen the organization, as well as in areas of importance to the Brazilian economy such as agriculture, e-commerce, investment facilitation, MSMEs and services can open up many more avenues for Brazil to pursue its global integration plans. I urge Brazil to continue working constructively with other WTO members on all these fronts.”

Earlier in the month the Director-General was in Brasília, where he met with the Minister of Foreign Affairs Ernesto Araújo, the Minister of Economy Paulo Guedes, the President of the Chamber of Deputies Rodrigo Maia, as well as other officials.

Source: wto.org

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