Home > African Agenda > THE EVOLVING GLOBAL TRADE POLICY LANDSCAPE AND THE AfCFTA

Following the Third World Network Africa Webinar Series on 8 July 2020
Ambassador Xavier Carim
Deputy Director General: Trade
Department of Trade, Industry and Competition South Africa

Outline of Presentation

  1. An Unbalanced Globalization
  2. New Risks
  3. Responses
  4. An African Response: Context
  5. AfCFTA

Unbalanced Globalization
• Crisis at the WTO is part of a wider crisis in multilateralism
• At WTO, the crisis is rooted in the policies embedded in the legal
commitments in the agreements
• Contributed to fostering an unbalanced globalization
• Massive extension of global markets and stronger intellectual property
rights protection delivers enormous benefits for certain narrow interests
• But growing concentration of wealth, inequality, job losses and insecurity

Amb. Presentation