A WTO adapted to the 21st century --- Trade rules will need to be adapted to economic transformations such as the Fourth Industrial Revolution. WTO members should continue working at a multilateral level to reach an agreement that would limit fisheries subsidies and contribute to a sustainable ocean economy. They should consider also future rules on investment facilitation and domestic regulations that may constitute unnecessary barriers to trade in services. Establishing a common playing field in electronic commerce would facilitate electronic transactions and digital commerce, and could help manage broader tensions over technology.

Source author: Cecilia Treemonisha Barros Ruiz cbarros@sre.gob.mx