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Trade

In 2015, Turkish G-20 Presidency will focus on the following under the trade pillar: (i) ways to make the multilateral trading system work better, (ii) interplay between RTAs (including the bilateral and plurilateral agreements) and the multilateral trading system, (iii) Growth in world trade below pre-crisis levels, assessing whether transitional or structural forces at play, (iv) need to fight against protectionism, and (v) integration of the developing and least developed countries into the GVCs with minimum costs and risks, and the ways and means of increasing the share of SMEs in the GVCs. In addition, the implementation of all elements of the Bali package, along with definition of WTO work programme on the remaining issues of the Doha Development Agenda will also be taken up.