The prolonged stalemate in negotiations, combined with the inability of the World Trade Organization (WTO) to perform its fundamental functions stimulates discussion about a significant crisis in the organization as the main regulator of world trade and, consequently, about the need to reform the multilateral system. This is related to a change in the position of WTO Director-General, which, after a protracted selection process, was assumed on February 15, 2021, by Nigerian Okonjo-Iweala. The first-ever woman in this position has taken over the helm of the organization at a particularly challenging time for global trade and will face challenges of immense scale, complexity and importance to the global economy. The paper aims to analyze the issues related to the position of the WTO in the world economy, taking into account, in particular, the situation pertaining to the change in the position of the WTO DG and to outline the prospects of this process in a dynamically shifting international environment. This article is a presentation of the results of an analysis intended to support the thesis that the appointment of a new, strong, confidence-inspiring and authoritative leader will significantly contribute to resolving the crisis and restoring the position of the WTO in the institutional structure of the world economy. However, it will be critical to secure strong support in this area from key members of the organization. In terms of methodology, the study is based primarily on a critical analysis of official documents of the World Trade Organization, press releases and academic articles.
The changes in the structure of the world economy related to the proliferation of regional trade agreements (RTAs) are reflected in activities undertaken by the EU, which, due to the crisis of multilateral negotiations, seeks alternative forms of gaining access to other markets. Thus, it concludes new-generation trade agreements with its partners as they entail broader and more comprehensive liberalization of trade than that within the WTO. Among them, the agreement which deserves a closer scrutiny is the very first agreement of this kind, signed with an Asian country in 2011, which marked the beginning of a new era in EU-Korean trade relations. An analysis of the volume and dynamics of trade between the two partners indicates good results, particularly for the EU, which has changed its role from a net importer to a net exporter and strengthened its position as one of the key trade partners of South Korea.
Trwające ponad pięć lat negocjacje w sprawie umowy CETA (Comprehensive Economic Trade Agreement) między UE a Kanadą zaowocowały podpisaniem porozumienia z końcem 2016 r. Wynikająca z umowy planowana eliminacja barier taryfowych oraz pozataryfowych w przywozie do Kanady może okazać się bardzo korzystna dla unijnych, w tym polskich, eksporterów i przyczynić się do rozwoju polsko-kanadyjskich stosunków handlowych. Przemawia za tym fakt, że wielkość wymiany handlowej Polski z Kanadą sukcesywnie wzrasta, a pozycja Polski jest w tym zakresie bardziej znacząca niż pozostałych państw członkowskich UE z Europy Środkowo-Wschodniej. Dla Polski Kanada jest zatem istotnym partnerem handlowym, szczególnie ze względu na potencjalny wzrost polskiego eksportu. Na uwagę zasługuje również fakt, że w strategii Global Markets Action Plan na lata 2015-2017 Polska została wskazana przez rząd Kanady jako priorytetowy oraz perspektywiczny rynek w zakresie możliwości rozwoju dwustronnej współpracy gospodarczej.
This article reflects on the outcomes of the 12th WTO Ministerial Conference (MC12), which took place on 12–17 June 2022 in Geneva. The aim of the article is to analyse the effects of this meeting in the context of the reform of the multilateral system. For this purpose, the following research questions were posed: (1) What arrangements were made during MC12? (2) Are the adopted agreements relevant for the future reform of the multilateral system within the WTO? The analysis presented in the study demonstrated that this conference, which had been postponed several times due to the COVID-19 pandemic, was a confirmation that the negotiating crisis of recent years had been overcome. Additionally, the author emphasised that the agreements reached among the representatives of 164 member countries should be seen as a success, especially in view of the international tensions accompanying the meeting. The arrangements that were made, therefore, also provide a deeper understanding of the functioning of the multilateral system within the WTO and its complexities. The structure of the article consists of an introduction, two sections presenting the results of the analysis, and conclusions. Methodologically, the article is mainly based on a critical analysis of WTO source documents and academic studies on international trade policy.
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