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GlobalBusinessstatement:
RevitolisingtheMultilateralTradingsystematMC14
we,theundersignedbusinessorganisationsfromacrosstheworld,urgeMinistersatthe14thMinisterialconference(MC14)oftheworldTradeorganization(WTO)toadoptareformplantorevitalisetheglobaltradingsystem.
For30years,thewTohasprovidedthestabilityandpredictabilitythatenablebusinessesofallsizestotrade,invest,andcreatejobsaroundtheglobe.Its166Membersrepresent98%of
globaltrade,anditsrulesunderpineverythingfromcustomsproceduresandproduct
standardstointellectualproperty.Businessesrelyonthisframeworkeverydaytofacilitate
crossborderflowsofgoodsandservicesandoperatewithpredictabilityinglobal
markets.
Today,thatfoundationisunderunprecedentedstrain.Theriseofunilateralism,protectionism,andtheinabilityofthewTotoaddressthechallengesofthe21stcenturyandlevelthe
playingfieldhaveunderminedconfidenceintheglobaltradingsystem.AnalysisbyoxfordEconomicscommissionedbyIccshowsthatthelossofafunctioningwTocould
permanentlyreducedevelopingeconomyGDpbyover5percent.Nocountrywouldbespared.
2
Fragmentoationisalreadyareality.Theproliferationofregionalandbilateraltradeagreementshascreateda"spaghettibowl"ofoverlappingrulesthatraisecostsanduncertaintyfor
business,particularlyforMSMES.Theseagreementsfacilitatecommerceamongsubsetsofcountries,buttheycannotreplaceacoherentandinteroperableglobaltradingsystem·
Internationalbusinessneedsastrong,reformedwTotoensuretheconsistencyandscaleneededfortradetoworkforeveryone.
MC14offersahistoricopportunitytomeetthisdemand.wvecallonMinisterstolaunchatime-boundreformroundofnegotiationsthatrestoresthewTO'scapacitytonegotiate,deliberate,andsettledisputes,ensuringtheglobalsystemremainsrelevanttotwenty-first-centurytraderealities.Ifconsensusiselusive,acoalitionofwillingMembersshouldleadthewayforward.
suchreformmustdelivertangibleeconomicbenefits:restoringbusinessconfidence,
encouraginginvestment,strengtheningcompetitivenessandcreatingjobs.ReformmustallowplurilateralcoalitionsofwTomemberstonegotiateandimplementagreementsonnew
issues.Itmustalsoensurestructuredprivatesectorengagementasanintegralpartofthe
reformprocess,leveragingtheexpertiseofbusinessesastheendusersofthetradingsystem·Aboveall,itmustensurethatmicro,small,andmediumsizedenterprises(MSMES),the
backboneofeveryeconomy,cantradeandgrowunderstable,predictable,andtransparentglobalrules.
Asanimmedioateconfidencebuildingstep,wealsourgewTOMemberstocommittoastandstill,refrainingfromanyrestrictivetrademeasuresduringreformnegotiationsandrenewtheMoratoriumoncustomsDutiesonElectronicTransmissions.Allowingthe
ICC(2025),ThewTO'shiddenvalueHowthemultilateraltradingsystemdeliversforbusinessbeyondtariffs2ICC-oxfordEconomics(2025),TheimpactondevelopingeconomiesofwTodissolution
1
moratoriumtolapsewouldinjectnewuncertaintyintoglobalmarketsandriskfragmentingdigitaltradejustasecommerceisenablingMSMEstoreachnewmarkets·
Businessstandsreadytosupportgovernmentsinbuildingastronger,moretransparent,andmorepredictabletradingsystem,onethatempowersenterprisestoinvest,createsemployment,anddrivesprosperityineveryeconomy.
Nowisthetimeforleadershiptorevitalisethesystemthatsafeguardsopportunity,jobs,andgrowthworldwide.
sincerely,
1Internationalchamberofcommerce
2AdvertisingAssociation
3AfricaICTAllianceAflcTA
4Ajmanchamber
5AlagehirTicaretvesanayiodasi
6Albertachambersofcommerce
7Alexandriachamberofcommerce
8AmericanchamberofcommerceQatar9AmmanchamberofIndustry(ACI)
10AntalyachamberofcommerceandIndustryAntalyacommodityExchange
12Argentinechamberofcommerceandservices
14AsociacidnMexicanadeAgentesdecargaA.c.
15AssociationforcompetitiveTechnology16AssociotionofsouthAfricanchambers
17AssociazioneItalianacommercioEsteroItalianAssociationofForeignTrade(AICE)18AssociazioneNazionalecentridiAssistenzaDoganale(ASSOCAD)
19AssociazionesicilianaoperatorispedizionieLogistica20Athlonechamberofcommerce
21AustralianchamberofcommerceandIndustry
22AustrianFederalEconomicchamber(wk⃞)
23AydinchamberofIndustry
24AydincommodityExchange
25Aydinticaretodasi
26BahrainchamberofcommerceandIndustry27Ballyhaunischamber
28BandirmaTicaretBorsasi
29BangladeshAssociationofBanks
30BangladeshTextileMillsAssociation(BTMA)
31Barcelonaofficialchamberofcommerce,Industry,servicesandNavigation32BatmanTicaretvesanayiodasi
33Belgianchambers
34BoardofTradeofThailand
35BorderkeichamberofBusiness36BorderlessAlliance
37BremenchamberofcommerceCCIforBremenandBremerhaven38Britishchambersofcommerce
39BusinessEurope
40CAINCOC⃞maradeIndustriacomercioserviciosyTurismo41cdmaradecomercioExteriordesantaFe
42cdmaraNacionaldecomercio,serviciosyTurismodelaciudaddeM⃞xico
43cameradicommercioedell'industriadelcantoneTicino
44cameradicommercioIndustriaArtigianatoeAgricolturadiGenova
45cameradicommercioIndustriaArtigianatoeAgricolturaRivierediLiguria46canadianchamberofcommerce
47GanakkalecommodityExchange
48GargambaTicaretBorsasi49CCIAixMarseilleprovence50CCITunisoFran⃞aise
51Gerkezk⃞ychamberofcommerceandIndustry
52chamberofcommerceandIndustryofBerlin
53chamberofcommerceandIndustryofsouthernsweden
54chambredecommerceetdeI'IndustrieduBurkinaFaso(CCI-BF)
55chambredecommerceetd'Industriedesfax
56chambredecommerceetd'IndustrieduB⃞nin
57chambredecommerceetd'industrieparisile-de-France58circleofGlobalBusinesswomen
59coalitionofservicesIndustries
60computer&communicationsIndustryAssociation61confederationofDanishIndustry
62confederationofEgyptianEuropeanBusinessAssociations
63confederationofswedishEnterprise
64confederazioneGeneraleltalianadeiTrasportiedellaLogistica(CONFETRA)65consumerTechnologyAssociation(CTA)
66GorluchamberofcommerceandIndustry67QorluTicaretBorsasi
68councilofpolishGlobalEntrepreneurs69countycarlowchamberofcommerce
70countyTipperarychamber71countywexfordchamber72credimpexItalia
73croatianchamberofTradesandcrafts
74cropLifeInternational
75cypruschamberofcommerceandIndustry76DenizlichamberofIndustry
77DenizlicommodityExchange78DiyarbakirTicaretBorsasl
79DroghedaandDistrictchamber80Dublinchamber,Ireland
81Dungarvan&westwaterfordchamber
82DurbanchamberofcommerceandIndustry
83Eastswedenchamberofcommerce/⃞stsvenskahandelskammaren84Emirda⃞Ticaretvesanayiodasi
85EuropeanservicesForum
86FederationofEgyptianchambersofcommerce87FederationofEnterprisesinBelgium
88Federationoflsraelichambersofcommerce
89Federationofpalestinianchambersofcommerce,IndustryandAgriculture(FPCCIA)90FederationofsmallBusinesses
91FethiyeTicaretvesanayiodasi-FethiyechamberofcommerceandIndustry92Fingalchamber
93Finlandchamberofcommerce
94FuldachamberofcommerceandIndustry(IHKFulda)95Galwaychamber
96Genevachamberofcommerce,Industryandservices97GermanchamberofcommerceandIndustry(DHK)
98GlobalshippingBusinessNetworkLimited
99Handelskammarenv⃞rmland
100HandelskammerHamburgHamburgchamberofcommerce101IHKDarmstadtRheinMainNeckar
102IndustrieundHandelskammerzukoblenz
103InformationTechnologyIndustrycouncil(ITI)
104lskenderuncommodityExchange
105ItalianchamberofcommerceinArgentina106izmirchamberofcommerce
107izmircommodityExchange
108JapanchamberofcommerceandIndustry
109JohannesburgchamberofcommerceandIndustry110kayserichamberofIndustry
11kaysericommodityExchange
112kayseriTicaretodasi
113keidanrenJapanBusinessFederation
114keganchamberofcommerceandIndustry
115kilkennychamberofcommerce116kocaelichamberofcommerce
117kocaelichamberofIndustry
118koreachamberofcommerceandIndustry
119kosovochamberofcommerce
120kozancommodityofExchange
121krajowalzbaGospodarczaElektronikiiTelekomunikacji
122krajowezrzeszenieproducent⃞WRzepakuiRoslinBiatkowych(KZPRiRB)
123K⃞tahyaTicaretBorsasi
124I'Afep(AssociationoflargeFrenchcompanies)
125LagoschamberofcommerceandIndustry(LCCI)
126LaoischamberAlliance
127LeathergoodsAndFootwearManufacturers&ExportersAssociationofBangladesh(LFMEAB)
128Makeuk
129MalkaracommodityExchange
130MiddelburgchamberofcommerceandIndustry
131MorangchamberofcommerceandIndustry
132MouvementdesEntreprisesdeFrance(MEDEF)
133NationalAssociationofBusinesswvomenMalawi
134NationalclothingRetailFederation(NCRF)ofsouthAfrica
135NationalFederotionofInternationalFreightForwardingcompaniesFedespedi
136NationalFederationofpoultryBreedersandEggproducers
137NationalForeignTradecouncil(NFTC)
138Nationalpoultrycouncilchamberofcommerce
139NECA'snetworkofEntrepreneurialwomen
140Newzealandchambersofcommerce
141Norrbottenchamberofcommerce
142NorthernKZNchamberofBusiness
143NurembergchamberofcommerceandIndustry
144organisationofwomeninInternationalTrade
145organisationofwomenInInternationalTroade(OWIT)Ghana
146organisationofwomenInInternationalTrade(OWIT)LakeGenevaswitzerland
147organisationofwomenInInternationalTrade(OWIT)Lilongwe
148organisationofwomeninInternationalTrade(OWIT)Nigeria
149organisationofwomenInInternationalTrade(OWIT)zimbabwe
150organisationofwomeninInternationalTrade,ukchapter
151organizationofwomeninInternationalTradeottawachapter(OWITottawa)
152organizationofwomeninInternationalTradeBrusselspoweredbyIBA
153oslochamberofcommerce
154oudtshoornBusinesschamber
155pacificBasinEconomiccouncilLimited
156papuaNewGuineachamberofcommerceandIndustry
157pietermaritzburg&MidlandschamberofBusiness
158polishAgriculturalFederation(polskaFederacjaRolna)
159polishAssociationofBeefcattleBreedersandproducers160polishchamberofcommerce
161polishconfederationLewiotan
162polskizwiqzekHodowcowiproducentowTrzodychlewnej(POLSUS)
163Qatarchamberofcommerce&Industry
164samsunTicaretBorsasi
165samsunTicaretvesanayiodasl
166sanliurfachamberofcommerceandIndustry167santacatarinaIndustryFederoation
168scienceindustriesswissBusinessAssociationofchemistrypharmaLifesciences
169scottishchambersofcommerce170singaporeBusinessFederation
171sivascommodityExchange
172sligochamberofcommerce
173slovakchamberofcommerceandIndustry
174S⃞kecommodityExchange
175southDuolinchamber
176southeastAlbertachamberofcommerce177stockholmchamberofcommerce
178TarsuschamberofcommerceandIndustry
179TatvanTicaretvesanayiodasi180TechnologyIndu
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