Lamy: "Multilateralism is struggling"

The following is excerpted from a 24 September 2012 speech by Pascal Lamy of the World Trade Organization.

Director-General Pascal Lamy, in welcoming participants to WTO’s Public Forum 2012 on 24 September 2012, said: “While multilateralism is struggling in almost all spheres of global co-operation, I stand here before you with some optimism. We are after all gathered in the “house of trade”. An international house that rose out of the ashes of two World Wars and which took some 60 years to create.”

This speech is available in its entirety at:
http://www.wto.org/english/news_e/sppl_e/sppl244_e.htm