The World Trade Organization (WTO) serves three primary functions: providing a forum for countries to liberalize trade and establish rules; monitoring these rules; and helping members settle disputes.
With trade tensions increasingly politicized and COVID-19 creating huge economic challenges, a modernized and fully functioning WTO is more essential than ever. Marianne Schneider-Petsinger explains.
Chatham House is an independent policy institute and a trusted forum for debate and dialogue. Our research and ideas help people understand our changing world.
Read the Chatham House research paper: ‘Reforming the World Trade Organization: Prospects for Transatlantic Cooperation and the Global Trade System’.
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