Oral Answers to Questions Debate
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Damien Moore
Main Page: Damien Moore (Conservative - Southport)Department Debates - View all Damien Moore's debates with the Department for International Trade
(6 years, 4 months ago)
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Damien Moore (Southport) (Con)
What steps are being taken to champion the rules-based system in emerging economies such as Tunisia?
Dr Fox
The whole issue of the WTO will be at the centre of what we discuss at the G20. The alternative to a rules-based system is a deals-based system, which would suit only the very biggest and most powerful economies, and we would lose the potential to use trade as a means of getting countries out of poverty. The rules-based system is necessary because it applies to everyone—the richest and the poorest, the strongest and the weakest—and we must give every defence to it that we can.