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Multilateral in sentence

1507 examples of Multilateral in a sentence

They expected Brexit to occur against the backdrop of the rules-based multilateral trading system.
Even trade negotiations with the EU seem too multilateral to some of Trump’s cohorts, because they involve 27 member countries.
Without the US on board, the rules-based international system would be far less secure – not least because others might soon follow Trump’s example, choosing bilateral deal making over multilateral cooperation.
The OECD’s founding convention calls on it to assist sound economic expansion and to contribute to growth in world trade on a multilateral, non-discriminatory basis.
Even as it champions multilateral cooperation to ensure that MNCs pay their “fair” share, the British government has slashed its corporate rate, exempted the active foreign income of British MNCs from the national corporate tax, and enacted a “patent box” that stipulates a 10% tax rate on qualified patent income.
Moreover, multilateral organizations and former ministers from around the world are flocking to help the authorities make progress on their ambitious agenda, from expanding electricity provision to building their own governing capacity.
But rather than insist as a matter of principle on operating the fuel cycle independently under national sovereignty, Iran could engage the Saudis about their idea of a regional joint venture, or explore different options of multilateral consortia with other countries.
We must not forget that the multilateral trading system – along with the Bretton Woods institutions – was originally created to avoid a repeat of the protectionism and competitive devaluations of the 1930’s that plunged the world into depression.
Finally, blockage of the multilateral process will trigger an even more pronounced shift toward bilateral or regional free trade agreements (FTA’s).
FTA’s cannot substitute for multilateral liberalization.
More broadly, the growth of FTA’s undermines the central principle of the multilateral trading system: trade opportunities should be offered to all countries equally.
The multilateral trading system has faced challenges before, including during the Uruguay Round in the early 1990’s, and has emerged with renewed vigor.
From the Trans-Pacific Partnership to the Paris climate accord, tearing up multilateral frameworks has become a Trump specialty.
It has actively led regional multilateral joint exercises, such as the naval joint exercise that India’s navy hosted in the Andaman Sea, in the eastern Indian Ocean, earlier this year.
The IFFEd program, which was acknowledged by the G20 last year, would secure financial guarantees from donors in Australia, Canada, New Zealand, the United Kingdom, and elsewhere to increase the lending capacities of multilateral development banks in Africa and Asia.
Several multilateral development banks have already recognized the value of this mechanism and are working with the commission to develop the facility further.
The additional financing would complement domestic resources, bilateral aid, and multilateral grants that are already available through programs like the Global Partnership for Education.
Annual infrastructure financing from multilateral development banks and overseas development assistance is likely to amount to no more than $40-60 billion, or 2-3% of projected needs.
As with the outdated governance arrangements, conceptions of development that informed the existing multilateral institutions’ mandates are markedly different from modern development thinking.
It will not only be a driver for sustainable growth in the developing and emerging world, but will also foster reform in the existing multilateral financial institutions – changes from which all of us, in the developed and developing world alike, will benefit.
This contrasts sharply with the experience of two large regional multilateral lenders: the Inter-American Development Bank and the African Development Bank.
Budgets are prepared in offices far from the intended site of delivery, and bilateral and multilateral programs often establish priorities (like health care, schooling, or poverty reduction) without much input from the receiving country.
In a world of weak multilateral institutions – including a G20 beset by substantial differences of opinion on basic questions – it is more important than ever that euro-zone governments bolster their collective clout in an uncertain, unprecedented, and competitive global environment.
But the US must also engage in a more multilateral way to include Southeast Asia’s smaller countries.
Moreover, multilateral cooperation for global recovery has been disappointing since 2009 – the year of the G-20’s London and Pittsburgh summits, including the Global Jobs Pact, on which there has been little meaningful progress since.
So, perhaps more than ever in recent decades, inclusive multilateral institutions are on the same page.
The Obama alternative was supposed to be collective global security sustained by multilateral structures.
At the Hawaii summit, Obama must orchestrate the first steps toward constructing an effective multilateral framework within which the complications posed by China’s rise can be addressed.
What Asia most needs today is a well-conceived regional system, embedded in binding multilateral institutions.
Asia’s choice is clear: either the region embraces a multilateral structure of peace, or it will find itself constrained by a system of strategic military alliances.
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