WCO Reports on Debate on the Multilateral Trading System and Regional Integration
The World Customs Organization reports that government, business and civil society representatives gathered in Lausanne, Switzerland at the IMD Business School campus on July 7 and 9, 2010 to discuss ways in which to foster an equitable trade system, sustainable…
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development and healthy global governance. The panel composed of trade experts agreed that as each region has its specific dynamics, the highly institutionalized European model is not necessarily applicable to other regions. In practice, what is happening is often a series of bilateral agreements or loose regional arrangements rather than EU-type regional integration.