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The biennial Trade and Sustainable Development Symposium, organised by the International Centre for Trade and Sustainable Development (ICTSD) and held alongside the WTO ministerial conference for over a decade, is the leading multi-stakeholder platform for intellectual enquiry and dialogue on sustainable development and the global trade and investment system. It acts as an inclusive platform outside of the WTO negotiating setting for sharing ideas, engaging in dialogue, and influencing trade policy negotiations. Drawing in participants from government, business and civil society, the Symposium helps to maintain and elaborate a global vision of sustainable development in trade and investment policymaking.
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Monday, December 11 • 1:30pm - 3:00pm
Services and inclusive economic transformation: The role of regulations

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Services now constitute almost 50% of world value-added trade and are the heart of multilateral, mega-regional and regional trade negotiations, with services and services-related issues comprising well over half of the disciplines in modern trade agreements.

Even though all LDCs and developing countries export services, improving the efficiency and contribution of services to domestic economic transformation and sustainable growth faces a number of challenges. One of the most significant ones are inadequately designed and/or implemented regulatory frameworks. This hinders the potential for services to support inclusive development, especially the participation of SMEs and women in the economy. In addition, the external context for services trade has been rapidly evolving with renewed discussions in the WTO on domestic regulation, and the incorporation of new and modernized disciplines on domestic regulations in recently concluded trade agreements such as the CETA and Pacific Alliance, as well as future agreements such as the TiSA and TPP. Policy-makers and regulators need to repond to these challenges in order to craft domestic regulations that are effective, WTO-compatible, inclusive and take into account new developments.

This session objective is two-fold: 1) exploring the contribution of services to sustainable development, in particular to overall economic competitiveness and inclusion; 2) explore how domestic regulations can contribute to this objective, in particular, what could be done at domestic level, and multilaterally.

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avatar for Deborah Vorhies

Deborah Vorhies

Managing Director, ICTSD
Deborah VORHIES is ICTSD’s Managing Director. She holds an MBA and earlier degrees in law and finance. Prior to joining ICTSD, Mrs. Vorhies spent six years with the International Finance Corporation (IFC) (World Bank Group), developing and managing its Biodiversity portfolio.She... Read More →

avatar for Theresa Carpenter

Theresa Carpenter

Executive Director, Graduate Institute,Geneva
avatar for Mere Falemaka

Mere Falemaka

Permanent Representative of the Pacific Islands Forum to the WTO, PIFS
Currently Permanent Representative of the Pacific Islands Forum to the WTO since 2013 (particularly representing non-resident Members). Formerly Chief Economist in Fiji Government Ministry of Trade Commerce and Industry(1999-2000), Trade Policy Adviser on WTO at Pacific Islands Forum... Read More →
avatar for Jacqueline Musiitwa

Jacqueline Musiitwa

Founder and Managing Partner at Hoja Law Group and Governing Board Member at ICTSD
Jacqueline Musiitwa is the Founder of Hoja Law Group and a former Mo Ibrahim Foundation Fellow at the World Trade Organization. Musiitwa’s focus is on the importance of good governance and rule of law, and on improving Africa’s standing in the world. Musiitwa has served as an... Read More →
avatar for Felipe Sandoval

Felipe Sandoval

Senior Advisor, Trade Law and Negotiations, ICTSD
Felipe is now ICTSD's Senior Advisor, Trade Law and Negotiations, having previously been a Lead Negotiator Trade in Services Agreement – TISA 2012-2017. In this capacity, Mr. Sandoval coordinated Chile´s team on a variety of topics ranging from electronic commerce financial services... Read More →
avatar for Sherry Stephenson

Sherry Stephenson

Senior Fellow ICTSD, International Center for Trade and Sustainable Development
PhD in International Economics, Graduate Institute of International and Development Studies, Geneva; MA in Economics, New York University. Expert in the area of international trade policy, particularly services trade. Senior Fellow, International Centre for Trade and Sustainable Development... Read More →

Monday December 11, 2017 1:30pm - 3:00pm GMT-03
Breakout Room 3 - Rivadavia