Comparing Power and Influence of WTO and OECD

Comparison of WTO and OECD's power and impact In the past two decades, the number of associations and organizations has increased sharply to achieve private and government interests at bilateral, regional and global levels in the process of trade liberalization I will.

The function is G20 level. As a result of the 2008 financial crisis, the G20 collaborated with the World Trade Organization to monitor and report on trade and investment measures among the G20 countries in collaboration with OECD and UNCTAD. Variety of trading and investment types and impacts. In addition to taking responsibility for reporting functions already being implemented by the World Trade Organization in several respects, trade has not yet been linked to the ongoing efforts of the G20. [New Global Governance Program] To be fair, the preparation of these reports restricts the adoption of protectionist measures by each country. However, due to the disclosure of the G20 Progress Report and the Summit Declaration, its participation has reached a marginal limit.

The UK is a permanent member of the United Nations Security Council, NATO Member States, Federal Member States, G7 Finance Ministers, G7 Forum (former G8 Forum), G20, OECD, WTO, European Council and Europe. Security organization It is also a member of the EU in the process of withdrawal. Britain has a "special relationship" with the United States, has a close partnership with France - "contract country" - and shares nuclear weapons technology with the two countries; the UK - the Portuguese alliance is the most binding force in the world It is considered to be an army. Alliance The UK is also closely related to the Republic of Ireland, and the two countries share a common tourist area and are working with the UK - Ireland Council through the British - Irish Government Conference. The UK's global influence and influence is further expanding through trade relations, external investment, government development assistance and military operations.

We recognize that the size and economic strength of the WTO member countries are different. As a result, the ability to influence the decision of the WTO is different, and more basically it remains in the WTO. It would not be simple to think that an organization like the WTO would not be ruled by a small number of wealthy countries. An important issue for the International Monetary Fund and the World Bank is whether this rule is excessive. I think this is all three institutions, but the evidence we receive is most important to the WTO. We urge the government and its European partners to first consider ways to improve the balance of power in the WTO and then consider considering ways to secure more transparent decision-making.