Quote of the Day
The world is governed by institutions that are not democratic - the World Bank, the IMF, the WTO.
The WTO has one of the most impressive records in global economic governance, by promoting trade liberalisation and economic development.
Too many countries that do not play by the free trade rules of the World Trade Organization - including, notably mercantilist China and monopolist Saudi Arabia - have been allowed in, to the detriment of both the WTO and the liberal trading environment it is supposed to sponsor.
WTO is not the forum for labour standards. Next, the U.S. will argue the time zone difference is an unfair competitive advantage enjoyed by India that enables our software engineers to work while the Americans sleep.
At the WTO, it's never a general surgery. It's always a very specific, clinical, precise surgery - and you can't miss the target. If you miss the target, you kill the patient. It's as simple as that.
U.S. exports to China have more than quintupled since China entered the WTO and have grown more quickly than imports. In fact, China is America's fastest-growing export market.
I've been through WTO riots in Seattle, massive earthquakes, major floods... forest fires. I just try to be as even-keeled and calm as possible.
Transferring our sovereignty and decisionmaking power to the WTO, to the United Nations, or any other international body is not in the long-term interests of our people.
We're working on accession to the WTO very actively. We still have several countries with which we need to conclude agreements and possibly that will happen next year.
Canada has always been a strong supporter of China's accession to the WTO... We look forward to playing a constructive role in helping complete China's accession.
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