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AI can reduce trade costs, says WTO's Ngozi Okonojo-Iweala
World Economic Forum

AI can reduce trade costs, says WTO's Ngozi Okonojo-Iweala

"AI has (the) potential to do one thing which is very important to get developing countries more integrated into global markets and that is reduced trade costs,” said Ngozi Okonojo-Iweala, Director-General of the World Trade Organization, during a Global Stage livestream at the World Economic Forum in Davos.

​The World Trade Organization headquarters in Geneva.
Viewpoint

Viewpoint: US reversal on e-commerce rules will hurt global consumers

Last month’s surprise decision by the Office of the US Trade Representative to withdraw e-commerce proposals under discussion at the World Trade Organization is a new sign of growing US skepticism of free trade and the influence of big tech. We asked Xiaomeng Lu, a director of Eurasia Group’s geo-technology practice, to explain the consequences of the USTR’s reversal.

Crisis at the WTO: Fixing a broken dispute system
GZERO World Clips

Crisis at the WTO: Fixing a broken dispute system

The appeals body of the World Trade Organization (WTO) is like the Supreme Court for global trade. But it’s fundamentally broken: it hasn’t been able to hear any cases or issue decisions since 2019.

Africa's economy could rival China or India, says WTO chief Ngozi Okonjo-Iweala
GZERO World Clips

Africa's economy could rival China or India, says WTO chief Ngozi Okonjo-Iweala

The African continent has a population of 1.4 billion people, but it imports more than 90% of its medicines and 90% of its vaccines. WTO Director General Ngozi Okonjo-Iweala says the time has come to open up the continent to globalization and encourage businesses to invest in African countries.

World trade at risk without globalization, warns WTO chief Ngozi Okonjo-Iweala
GZERO World with Ian Bremmer

World trade at risk without globalization, warns WTO chief Ngozi Okonjo-Iweala

The WTO is the referee of global trade, a place for countries to negotiate agreements and resolve disputes. But it’s also received criticism for being too slow to adapt to the modern economy and for favoring wealthy nations over countries in the Global South. Ian Bremmer sits down with WTO Director-General Ngozi Okonjo-Iweala, who’s been pushing members to recommit to the principles of globalization and invest in developing economies.

Ian Explains: What is the World Trade Organization?
Ian Explains

Ian Explains: What is the World Trade Organization?

You probably don’t spend a ton of time thinking about the World Trade Organization (WTO), but it has a huge role in almost every aspect of your daily life—from your morning Brazil-roasted coffee to the Chinese-made smartphone you’re probably using to watch this video.

Side-by-side images of Australian Prime Minister Scott Morrison and Chinese President Xi Jinping
Latin America & Caribbean

What We're Watching: Australia-China row escalates, COVAX falling behind, Mexico's crackdown on "foreign agents"

No, don’t abolish the WTO. Reform it.
The Red Pen

No, don’t abolish the WTO. Reform it.

Have you ever read a major op-Ed and thought to yourself, "no! no! no! That's just not right!" Us too. That's why we're launching a new series called The Red Pen, where Ian Bremmer and the crew at Eurasia Group will pick apart the argument in a major opinion piece. Right, left, Republican, Democrat, American, Global — we aren't particular. We just want to keep writers honest. This week, we take the red pen to Senator Josh Hawley's Times op-ed calling for the end of the WTO. No, Josh, killing the WTO isn't a good idea — but reforming it is. Watch the video here, and stay in the red with us!