
Making the Multilateral Trading System Fit for the 21st Century and How the G7 Can Help
The World Trade Organization is in its deepest crisis since its creation. This requires multilateral collaboration and innovative and interdisciplinary solutions. The goal should not be to try to re-establish the status quo but rather to adapt the world trading systems to the realities and necessities of the 21st century and the new geopolitical context. What is needed is a WTO 2.0 that responds to the world’s peace, health and environmental challenges and proactively contributes to solving them.