Despite these glimmerings of hope, the multilateral system is under strain and governments around the world are facing a public backlash against globalisation, open markets and trade. This is partly due to a lack of trust in the international system and partly because the benefits of globalisation have not been evenly distributed across all peoples and regions.
The global economy is now growing at its fastest pace since 2010, with the upturn becoming increasingly synchronised across countries.
Thank you for inviting me to this distinguished event. You meet at a critical time for the steel business as there is a lot at stake for the months to come. Let me start with the big picture.
I would like to thank Minister Ulla Tornes and Permanent Secretary Ulrik Vestergaard Knudsen for hosting us; and I would also like to highlight the leadership of Klavs Holm the Danish Ambassador to the OECD in setting up such an ambitious agenda. Last but not least, let me welcome representatives of the MCM co-Chairs, Australia and the United Kingdom and, of course, BIAC and TUAC.
It is a pleasure to be with you in Copenhagen. This conference fits neatly with the reflection which Denmark has been leading as Chair of the 2017 OECD Ministerial Council Meeting, whose theme is making globalisation work for all.
“I congratulate Prime Minister of Canada Justin Trudeau, President of the European Council Donald Tusk, and President of the European Commission Jean-Claude Juncker on the signature of the Canada-EU Comprehensive Economic Trade Agreement (CETA). The deal comes at a crucial time when slowing trade growth and low investment are contributing to the weakness of the global economy.
Thank you for your welcome, and thank you to the Washington International Trade Association for hosting today’s event. The OECD is a longstanding advocate of open markets. I am delighted to be among so many ‘‘friends of trade’’ to share the OECD’s latest data, analysis and reflections on developments in the global trade landscape.
OECD Secretary-General Angel Gurría congratulates the World Trade Organization and its members for their accomplishments at the 10th WTO Ministerial in Nairobi.
Me da mucho gusto participar en esta conferencia sobre los principales retos y oportunidades para el comercio y la inversión en América Latina. La colaboración de la OCDE con América Latina es cada día más extensa y relevante, por ello acepté de inmediato esta invitación.
This report goes deep into questions about how to strengthen the participation of small and medium-sized enterprises and low-income developing countries in global value chains.