Transcription of REFORMING THE WTO - Europa
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REFORMING THE WTO. TOWARDS A SUSTAINABLE AND EFFECTIVE MULTILATERAL TRADING SYSTEM. Trade REFORMING THE WTO. TOWARDS A SUSTAINABLE AND EFFECTIVE MULTILATERAL TRADING SYSTEM. Luxembourg: Publications Office of the European Union, 2021. European Union, 2021. The reuse policy of European Commission documents is implemented based on Commission Decision 2011/833/EU of 12 December 2011 on the reuse of Commission documents (OJ L 330, , p. 39). Unless otherwise noted, the reuse of this document is authorised under a Creative Commons Attribution International (CC-BY ) licence (https://. ). This means that reuse is allowed provided appropriate credit is given and any changes are indicated. For any use or reproduction of elements that are not owned by the European Union, permission may need to be sought directly from the respective rightholders.
expanded 300-fold, and today makes up more than 60% of global GDP, supporting jobs, growth and investment around the world. This is partly thanks to successive reductions in tariffs negotiated through the multilateral system: in 1947, applied tariffs ranged between 20% and 30%, today, the world’s applied tariffs stand at an average of around 9%.
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