Past event

Conference

Global Trade 2016

Governance, Growth and the Changing Dynamics of International Trade

Royal Society of Arts, London

Global trade growth has slowed in recent years. Weak import volumes, particularly in leading emerging markets, deceleration of growth in China, the United Kingdom’s vote to leave the EU and sluggish global economic activity amid continued geopolitical tensions suggest a subdued outlook for global trade in 2016 and beyond.

In this context, now is a critical time to assess the existing architecture of trade governance and structural impediments to global trade, and the potential for trade liberalization efforts, via mega-regional agreements, to boost trade flows.

This Chatham House conference will focus on the evolution of global trade governance, the implications for economic growth and political relationships, as well as the effect of the growth of service-based and digital trade on the global economy. Key questions for discussion include:

  • What trade patterns are likely to emerge globally and how might they shift national influence?
  • What does the United Kingdom’s referendum result mean for the trading bloc and its global negotiations? What approach should the UK take when negotiating a trade agreement with the EU as well as bilateral trade deals with its non-EU trading partners? 
  • Is the direction of travel for trade agreements towards the mega-regional, such as the Transatlantic Trade and Investment Partnership (TTIP) and the Trans-Pacific Partnership (TPP), and what are the implications for those inside and outside such agreements?
  • What does an increase in service-based and digital economies mean for trade, and how should trade agreements accommodate their growth?
  • What impact might a lack of access to credit have on the development of the global market and what particular consequences might this have for developing economies?

The Chatham House Rule 
To enable as open a debate as possible, this conference will be held under the Chatham House Rule.

Twitter 
Suggested hashtag: #CHTrade

Pricing

For any questions about which rate applies to you, please contact Alex Cook
on +44 (0)20 7957 5727

 

STANDARD RATE:
AFTER 13 MAY

 EXCL. VATINCL. VAT
Major corporate member rates  
All organizations£595£714
Corporate member rates  
Commercial organizations£1,180£1,416
Government departments£700£840
NGOs and academics£460£552
Standard rates  
Commercial organizations£1,295£1,554 
Government departments£750£900
NGOs and academics£510

£612

Monday 11 July
0930

Session One | Trade Flows and Global Power Dynamics
09:30 - 11:00

  • What does the result of the UK referendum on its EU membership mean for global trade?
  • How will economic growth in emerging economies, changes to supply chains and an increased focus on service-based and digital trade affect trading relationships?
  • How will China’s shift in focus from manufacturing and trading goods to investing overseas develop?
  • How can developed economies with established trading relationships adjust to China’s economic influence?

Chair's opening remarks
Dr Linda Yueh, Fellow in Economics, St Edmund Hall, University of Oxford

Keynote Address
Lord Jim O’Neill, Commercial Secretary to the Treasury, UK 

Questions and discussion 

Moderated discussion
Xiankun Lu, Partner, IDEAS Centre Geneva and Former Counsellor and Head of Division in the Permanent Mission of China to the World Trade Organisation (2006-2014)
Professor Kerry Brown, Director, Lau China Institute, King's College London 
Dr Cho Khong, Chief Political Analyst, Shell 
David Peerless, Director, Asian Equity Sales, Mizuho International 

Questions and discussion

11:00 - 11:30 Refreshments

Chair 
Nicolle Graugnard, Senior Policy Manager, Commission on Trade and Investment, International Chamber of Commerce

Keynote address
Maria Åsenius, Head of Cabinet to the EU Commissioner for Trade 

Session Two | The Economics and Politics of Trade Governance
11:40 - 13:30 

  • What are the implications of the UK’s vote to leave the EU for US–EU trade negotiations and what would an agreement and ratification of TTIP mean politically and economically?
  • Will successful agreement on TTIP and TPP lead to a proliferation of mega-regional agreements or are existing agreements likely to expand?
  • Does global trade infrastructure have a suitable conceptual framework to incorporate trade in services as well as goods?

Keynote speakers
Anthony Gardner, United States Ambassador to the European Union
Kirsten Hillman, Assistant Deputy Minister for Trade Policy, Global Affairs Canada

Questions and discussion

Speakers
Penelope Naas, Vice President of Public Affairs and Sustainability, UPS and AmCham EU Member
Csilla Magyar, Director, EU Trade and Chemicals Policy, Dow Chemical Company
Jean-Pierre Lehmann, Emeritus Professor of International Political Economy, IMD, and Founder, The Evian Group

Questions and discussion

13:30 - 14:30 Lunch

Session Two | Continued
14:30 - 15:45

  • How is the architecture of global trade governance changing? What function will the WTO serve in the future?
  • How might the regulatory landscape in more developed economies create indirect barriers to trade growth through complexity and uncertainty?
  • What are the consequences for smaller participating economies in multilateral trade agreements, and for non-participating economies? 
  • What effect do the WTO and mega-regional trade agreements have on development and how can positive impact be strengthened?
  • What are the priorities for developing economies in the global trade agenda and what approach to trade agreements would serve them best? 

Chair 
Jean-Pierre Lehmann, Emeritus Professor of International Political Economy, IMD and Founder, The Evian Group

Speakers
David Shark, Deputy Director-General, World Trade Organization
John Whittaker, Partner, Clyde & Co.
Nicolas Imboden, Partner, IDEAS centre, Geneva 
Anabel González, Senior Director, Trade & Competitiveness Global Practice, The World Bank Group
Pradeep Mehta, Founder and Secretary General, Consumer Unity & Trust Society (CUTS International)

Questions and discussion

15:45 – 16:15 Refreshments

Session Three | Prospects and Challenges for Trade Growth in the Global Market
16:15 - 17:30

  • Where are the opportunities for trade in a global economy struggling for growth? 
  • How can domestic and international policies improve access to trade finance, to ensure liquidity and sustain trade flows through periods of volatility and economic downturn?
  • How can exporters in developing economies, with significant growth potential, secure access to capital in a risk-averse financial climate?  
  • What is the potential impact of “digital trade” on the global economy and what can be done to nurture it?

Chair
James Bacchus, Chair of the Global Practice Group, Greenberg Traurig and Member and Chair, Appellate Body of the World Trade Organization (1995-2003) 

Speakers
Meredith Broadbent, Commissioner, U.S. International Trade Commission 
Steven Beck, Head of Trade Finance, Asian Development Bank
Yasuo Tanabe, Senior Vice President and Executive Officer, Hitachi
Hanne Melin, Director Global Public Policy, eBay 

Questions and discussion

1730 End of conference and reception hosted by Chatham House

 

© The Royal Institute of International Affairs 2016

 

 

 

Keynote Speakers

Speakers

James Bacchus to speak at the Global Trade 2016 conference

James Bacchus

Chair of the Global Practice Group, Greenberg Traurig and Member and Chair, Appellate Body of the World Trade Organization (1995-2003)

Steven Beck to speak at the Chatham House Global Trade 2016 conference

Steven Beck

Head of Trade Finance, Asian Development Bank

Meredith Broadbent to speak at the Chatham House Global Trade 2016 conference

Meredith Broadbent

Commissioner, US International Trade Commission

Professor Kerry Brown to speak at the Chatham House Global Trade 2016 conference

Professor Kerry Brown

Director, Lau China Institute, King's College, London

Anabel Gonzalez to speak at the Chatham House Global Trade 2016 conference

Anabel Gonzalez

Senior Director, Trade and Competitiveness Global Practice, The World Bank Group

Nicolle Graugnard to speak at Chatham House Global Trade 2016 conference

Nicolle Graugnard

Senior Policy Manager, Commission on Trade and Investment, International Chamber of Commerce

Nicolas Imboden to speak at the Chatham House Global Trade 2016 conference

Nicolas Imboden

Partner and Co-founder, IDEAS Centre Geneva

Dr Cho Khong to speak at the Chatham House Global Trade 2016 conference

Dr Cho Khong

Chief Political Analyst, Shell

Jean-Pierre Lehmann to speak at the Chatham House Global Trade 2016 conference

Jean-Pierre Lehmann

Professor Emeritus of International Political Economy, IMD; Founder, The Evian Group

Lu Xiankun to speak at the Chatham House Global Trade 2016 conference

Xiankun Lu

Partner, IDEAS Centre Geneva; Counsellor and Head of Division, Permanent Mission of China to the WTO (2006-14)

Csilla Magyar to speak at the Chatham House Global Trade 2016 conference

Csilla Magyar

Director, EU Trade and Chemicals Policy, The Dow Chemical Company

Pradeep Mehta to speak at the Chatham House Global Trade 2016 conference

Pradeep Mehta

Founder and Secretary General, Consumer Unity & Trust Society (CUTS International)

Hanne Melin to speak at the Chatham House Global Trade 2016 conference

Hanne Melin

Director, Global Public Policy, Ebay

Penelope Naas to speak at the Chatham House Global Trade 2016 conference

Penelope Naas

Vice President of Public Affairs and Sustainability, UPS and AmCham EU Member

David Peerless to speak at the Chatham House Global Trade 2016 conference

David Peerless

Director, Asian Equity Sales, Mizuho International plc

David Shark

Deputy Director-General, World Trade Organisation

Yasuo Tanabe to speak at the Chatham House Global Trade 2016 conference

Yasuo Tanabe

Senior Vice President and Executive Officer, Hitachi

John Whittaker to speak at the Chatham House Global Trade 2016 conference

John Whittaker

Partner, Clyde & Co

Dr Linda Yueh to speak at the Chatham House Global Trade 2016 conference

Dr Linda Yueh

Fellow in Economics, St Edmund Hall, University of Oxford

Clyde & Co to sponsor the Chatham House Global Trade 2016 conference

Dow to sponsor the Chatham House Global Trade 2016 conference
If you are interested in becoming a sponsor for this event, please contact
Amy Wevill on +44 (0) 20 7957 5732

Hanne Melin

Director, Global Public Policy, Ebay

Hanne Melin to speak at the Chatham House Global Trade 2016 conference
See interview here

James Bacchus

Chair of the Global Practice Group, Greenberg Traurig and Member and Chair, Appellate Body of the World Trade Organization (1995-2003)

James Bacchus to speak at the Chatham House Global Trade 2016 conference

See interview here

Nicolas Imboden

Partner and Co-founder, IDEAS Centre Geneva

Nicolas Imboden to speak at the Chatham House Global Trade 2016 conference 
See interview here

Jean-Pierre Lehmann

Professor Emeritus of International Political Economy, IMD; Founder, The Evian Group 

Jean-Pierre Lehmann to speak at the Chatham House Global Trade 2016 conference

See interview here
 

American Chamber of Commerce to the EU to partner with Chatham House on the Global Trade 2016 conference

British Chambers of Commerce to partner with Chatham House on the Global Trade 2016 conference

Borderlex to partner with Chatham House on the Global Trade 2016 conference

Global Trade Review to partner with Chatham House on the Global Trade 2016 conference

ICC to partner with Chatham House on the Global Trade 2016 conference

Institute of Export to partner with Chatham House on the Global Trade 2016 conference

UK India Business Council to partner with Chatham House on the Global Trade 2016 conference

If you are interested in becoming a media partner for this event, please contact
Amy Smith on +44 (0)20 7957 5755

Venue

Royal Society of Arts
8 John Adam Street
London
WC2N 6EZ 
UK

Map

conferences@chathamhouse.org

Due to refurbishment works at Chatham House in the summer, please note that this conference will not be held at Chatham House and will take place at the above venue. 

Accommodation
Although we cannot book accommodation for delegates, we have arranged a reduced rate at some nearby hotels, where you can book your own accommodation. Please inform the hotel that you will be attending a Chatham House conference to qualify for the Institute's reduced rate.

Please note all rates are subject to availability.

Flemings Mayfair
Half Moon Street
Mayfair
London - W1J 7BH

Tel: + 44 (0)20 7499 2964
Fax: + 44 (0)20 7499 1817

Standard Single from £195 + VAT

The Cavendish London
81 Jermyn Street
London - SW1Y 6JF

Tel: + 44 (0)20 7930 2111
Fax: + 44 (0)20 7839 2125

Standard Single £205 + VAT

Book The Cavendish online

The Stafford London 
St James's Place
London - SW1A 1NJ

Tel: 020 7518 1125
Fax: 020 7493 7121

Standard Single £235 +VAT

The Savoy London
Strand
London - WC2R 0EU

Tel: 020 7836 4343
Fax: 020 7240 6040 

Standard Single from £250 +VAT

This conference will be held under the Chatham House Rule. Information for journalists.

Press can request a press pass.