Dr Supachai will need all the help he can get to bridge the gap between developed and developing countries on world trade policy. I'm most anxious for whoever leads the WTO to have as much help as they can because they're going to need it. ICC could lend moral and technical support, he added. Mr McCormick said labour and environmental issues must be kept separate from trade policy to prevent powerful countries from using them as a pretext for erecting protectionist barriers. ICC wants the ministerial conference of the World Trade Organization in Qatar next November to launch a new round of negotiations on liberalizing trade, the ICC President said.
Trade is increasingly the bigger part of what makes the economy work.
Mr McCormick said Dr. Supachai could help bring about a compromise between developed and developing countries on further liberalization. I think he takes a very realistic view of globalization.