A special session of the "Geneva Trade Week" on accession to the WTO takes place
Tashkent, Uzbekistan (UzDaily.com) -- On 30 September 2020, a special session of the Geneva Trade Week on accession to the World Trade Organization (WTO) was held in the format of a videoconference, organized by the UN Economic Commission for Europe (UNECE) and the WTO Secretariat to discuss the possibility of using international trade to implement the UN Sustainable Development Goals (SDGs) Agenda in the context of countries’ accession to the WTO.
The session was also attended by the Executive Secretary of the UNECE Olga Algayerova, Director of the WTO Accession Department Maika Oshikava, Chief Negotiator on Bosnia and Herzegovina’s WTO accession H. Tinyak, Deputy Minister of Investment and Foreign Trade of the Republic of Uzbekistan B. Abidov, heads of diplomatic missions of Belarus and Kazakhstan in Geneva, as well as scientists, experts, representatives of the private sector.
In her welcoming speech, O. Algayerova noted the importance of trade and regional cooperation for the implementation of the SDGs, emphasized the advantages of joining the WTO, which, in her opinion, is aimed primarily at creating sustainable value chains and trade transparency.
Maika Oshikawa, Director of WTO Accessions, said that the WTO plays an important role in achieving the SDGs, promoting trade reforms that aim at economic growth and well-being of the population of the participating countries and focused on the issues of WTO accession, covering 13 of 17 additional impetus to the efforts of states to reform their national economies.
The Uzbek side provided information on the process of the Republic’s accession to the WTO, in particular, it emphasized the targeted measures to liberalize the foreign trade regime, foreign exchange regulation, customs and tax legislation, which creates the most favorable conditions for Uzbekistan’s accession to the WTO. In this context, the process is an integral part of ongoing reforms aimed at the further integration of Uzbekistan into the world economic community and the multilateral trading system.
During the session, a representative of Bosnia and Herzegovina, as well as Kazakhstan, who presented their experience of joining the Organization, gave an overview of the current status of the accession process to the WTO.
At the end of the session, the participants noted the importance of the EEC’s initiatives to assist countries in joining the WTO, including in matters of trade facilitation, bringing technical regulations, sanitary and phytosanitary measures in line with international requirements.