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Multilateral in sentence

1507 examples of Multilateral in a sentence

Owing to the expansion of an open multilateral trading system under the GATT/WTO, trade since WWII has grown 1.5 times faster than global GDP.
But trade restrictions were largely avoided, because the WTO and G20 stepped in to facilitate multilateral cooperation.
The WTO’s 164 member economies have committed to supporting an open multilateral system, and to common rules and procedures that are meant to help that system grow.
These are the provisions that make the system truly multilateral.
Under the WTO framework, the principle of most-favored nations (MFN) allows for multilateral trade negotiations among equals.
The international community beyond the US must stand up to Trump and reaffirm the principles of an open multilateral system – before it’s too late.
By contrast, the attempt to crowd multilateral resources into Europe was made explicit by eurozone finance ministers’ call in November for IMF resources to be boosted – preferably through debt-generating bilateral loans,– so that it could “cooperate more closely” with the European Financial Stability Facility.
What if private debt represented a share so small that no haircut would restore sustainability, forcing multilateral lenders to pitch in with some debt relief?
There have even been demands that countries honor contracts signed by previous non-democratic and corrupt governments, even when the International Monetary Fund and other multilateral organizations have recommended that the contract be abrogated.
What has not changed in the last 70 years is the need for strong multilateral institutions.
One need look no further than the current turmoil in Ukraine or Iraq to understand what can happen in the absence of credible multilateral structures capable of shaping developments in crisis situations.
Multilateral surveillance and reconciliation mechanisms – not just at the WTO, but also at the International Monetary Fund and the World Bank – should be revamped, and the functioning of the G-20 should be improved, including through the establishment of a small secretariat that facilitates greater policy continuity from year to year.
Ever since Japan dispatched minesweepers to the Persian Gulf after the Gulf War in 1991, the Self-Defense Forces have been expanding their activities beyond Japan and its immediate vicinity to include international peacekeeping missions, emergency relief operations, multilateral military exercises, and naval refueling support in the Indian Ocean.
This past autumn, IMF members endorsed the G-20’s proposals, and asked the Fund to address four key reform areas – the so called “Istanbul Decisions” – in 2010: the IMF’s mandate, the Fund’s financing role, governance, and multilateral surveillance.
But developments in 2013 revealed that the open trade regime that has facilitated this progress is now under grave threat, as stalemate in multilateral trade negotiations spurs the proliferation of “preferential trade agreements” (PTAs), including the two biggest ever negotiated – the Trans-Pacific Partnership (TPP), and the Trans-Atlantic Trade and Investment Partnership (TTIP).
The irony is that large developing economies’ rise to systemic significance is at the heart of the current deadlock in multilateral trade negotiations.
And, at the multilateral level, agricultural production and trade is influenced by policies on subsidies, tariffs, and export restrictions (although the latter are not currently governed by strict WTO rules).
Despite the great value of regional cooperation and coherent national policies, a functional multilateral trade system remains vital.
In order to reinvigorate multilateral trade cooperation, governments must work together to address unresolved issues from the Doha agenda, such as agricultural subsidies and tariff escalation.
To be sure, the agreement reached at the WTO’s recent ministerial conference in Bali represents a boon for world trade and multilateral cooperation.
People of good will throughout the world, including those affiliated with multilateral organizations like the UN, should descend on Zimbabwe to observe this month’s elections.
The Seed Treaty achieves this by establishing a multilateral system for access to a negotiated list of agricultural genetic resources.
Finally, innovative strategies are needed to align development finance with national development goals, transforming the multilateral system operationally so that it works more effectively with stakeholders on the ground.
But the mode of cooperation and coordination among the many bilateral and multilateral players, as well as the commitment of the African countries, is something new.
Multilateral agencies like the World Bank and bilateral agencies like the United Kingdom’s Department for International Development have been promoting and financing these efforts.
– for cooperation in a multilateral context.
Similarly, conservative assumptions about how much “genuinely extra” money is being spent to fight climate change through overseas aid and the multilateral development banks might have produced a lower figure.
Some of the $100 billion will be channeled through the newly created Green Climate Fund; but the existing multilateral development banks should also play a central role, along with national aid agencies and departments.
Consider the Bosnian conflict in the early 1990s, when the Security Council decided to send in UN peacekeepers, rather than deploying a more robust multilateral presence, as would have been allowed under Chapter 7 of the UN Charter.
This multilateral response is the result of vision and patient engagement.
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