WASHINGTON, DC – Russia’s invasion of Ukraine has heightened everyone’s appreciation of global issues and interconnectivity. In addition to geopolitical and defense concerns, there is a renewed focus on the state of international trade. After continuing Donald Trump’s destructive trade policies for more than a year, US President Joe Biden’s administration finally appears to have recognized the importance of strong trade relations. The United States is holding consultations with the European Union to expand cooperation on trade and technology, and with others on issues such as agriculture.
A big opportunity to reverse Trump’s legacy comes in June, when trade ministers from 164 member states and 25 observer countries will meet in Geneva for the 12th Ministerial Conference of the World Trade Organization. The meeting cannot come soon enough. The world economy desperately needs the WTO to be restored so that it can play the valuable role that it did before the Trump presidency.
It is thanks to the WTO and its predecessor, the General Agreement on Tariffs and Trade, that the open multilateral trading system was so successful for 70 years after World War II. To its great credit, the US led the world in creating the institution and supporting its development. Member states agreed to subject their trade policies to the rule of law, which in turn allowed traders to engage in international exchange with confidence.
Jeremić, Lompar and Protić about the war in Ukraine, Russia and Kosovo and Metohija
"The clash between the US and China will largely determine our time. They are the two most consistent forces in economics, science and technology. The US is already a military superpower and China will become that in the 21 century, "Jeremić said during the discussion "The return of the history- Serbia on a crossroad," which was held by CIRSD in Aeroklub in Belgrade.
CIRSD team member at the European Forum Alpbach 2022
In mid-August 2022, Assistant to the President of CIRSD and Horizons Junior Editor, Aleksandar Ljubomirović attended the prestigious annual European Forum in the Austrian village Alpbach, Europe’s most prestigious, high-level and invitation-only event.
CIRSD and PCNS co-organize an event about the MENA region
Envisioned as part of a series of high-level discussions and roundtables focusing on MENA related topics, this closed-door event is scheduled to take place on September 7th, 2022 at 04:00 p.m. (CET) on Zoom.
Jeremić and Schmidt-Traub: The continuation of the war in Ukraine will cause a world food crisis
"The war in Ukraine has deepened the existing crisis in the system of food production and
consumption, which is a consequence of the pandemic and reduced incomes, as well as climate
change. This has a dramatic impact on agricultural production around the world," said Schmidt-
Traub at the lecture. "How will the future reflect on agriculture, food and water", held as part of
CIRSD's "Future Leaders" program, whose participants include postgraduate students from all
over the world.