Lamy calls for greater transparency in fiscal support measures

 

Director-General Pascal Lamy told the Special Session of the Trade Policy Review Body on “The Financial and Economic Crises on the Role of the WTO” on 1 July 2011 that “we can and must do better in notifications and information sharing”. He noted that information on procurement activities are already being shared by parties to the Government Procurement Agreement, adding that this is one area that “offers great potential for boosting trade growth and for bringing under closer multilateral review this area of fiscal support”.

The entire speech is available on the WTO website at: