Payoff from the World Trade Agenda
Keynote speech by Robert B. Zoellick
Peterson Institute for International Economics, Washington, DC
June 14, 2013
The Peterson Institute and the International Chamber of Commerce (ICC), in partnership with the United States Business Council for International Business and the Center for Strategic and International Studies, held a conference for the launch of the PIIE–ICC Foundation study, "Payoff from the World Trade Agenda," on June 14, 2013. Robert B. Zoellick, former president of the World Bank and former US Trade Representative, presented the keynote speech.
The report, written by Gary Clyde Hufbauer and Jeffrey J. Schott and produced in partnership with the ICC, takes a fresh look at the Doha Round trade negotiations and assesses the potential payoffs from seven agreements that could be revived and advanced in 2013 and entered into force as early as 2015. If all seven agreements were ratified, global gains could be substantial: export gains over $2 trillion, 34 million jobs supported, and global GDP gains of $2 trillion.