This was said by Dr. Merkel last week during her seventh Presidential Lecture Series presentation at the World Trade Organization's (WTO) Geneva headquarters.
Through programs like the Informal Working Group on Women and Trade and other initiatives that generate empirical proof of the advantages of multilateralism for women, Dr. Merkel pointed out that international organizations like the WTO play a vital role.
In order to promote policies that increase women's involvement in the global economy, the WTO also works with other international organizations like the World Bank, the International Development Fund (IDF), and the Organization for Economic Cooperation and Development (OECD). According to her, these collaborations seek to establish fair trade laws that guarantee women's access to capital and opportunities in international marketplaces.
In order to guarantee that women have equal access to economic possibilities, Dr. Merkel also emphasized the significance of setting regulations and standards.
She emphasized that, especially in emerging and developing economies, supply chain diversification offers women special opportunity. In order to spur innovation and progress, she urged nations to tap into a wider talent pool and encourage more women to participate in these growing sectors.
Dr. Merkel stressed the wider importance of multilateralism in attaining economic stability in addition to women's rights.
She urged the audience to have strong beliefs about what international cooperation has accomplished in previous decades in terms of economic growth and poverty reduction worldwide, while acknowledging the current challenges of multilateral cooperation.
Dr. Merkel emphasized the importance of the multilateral trading system in maintaining global economic stability, promoting international trade, and advancing open and equitable markets for the benefit of both developed and developing nations. The WTO is the organization responsible for 98% of global trade.
In order to guarantee that women have equal access to economic possibilities, Dr. Merkel also emphasized the significance of setting regulations and standards.
She emphasized that, especially in emerging and developing economies, supply chain diversification offers women special opportunity. In order to spur innovation and progress, she urged nations to tap into a wider talent pool and encourage more women to participate in these growing sectors.
Dr. Merkel stressed the wider importance of multilateralism in attaining economic stability in addition to women's rights.
She urged the audience to have strong beliefs about what international cooperation has accomplished in previous decades in terms of economic growth and poverty reduction worldwide, while acknowledging the current challenges of multilateral cooperation.
Dr. Merkel emphasized the importance of the multilateral trading system in maintaining global economic stability, promoting international trade, and advancing open and equitable markets for the benefit of both developed and developing nations. The WTO is the organization responsible for 98% of global trade.
She underlined the part governments and international organizations have played in preventing financial and health crises and promoting economic resilience, drawing on the lessons learned from previous global economic crises.
She included the restoration of the WTO Appellate Body as one of the top topics for debate since it is crucial to upholding the organization's reputation and enforcing trade agreements.
According to her, a key component of future global trade governance would be making sure there is an Appellate Body that is functional and has teeth.
She included the restoration of the WTO Appellate Body as one of the top topics for debate since it is crucial to upholding the organization's reputation and enforcing trade agreements.
According to her, a key component of future global trade governance would be making sure there is an Appellate Body that is functional and has teeth.