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Rethinking Global Trade – Where is it heading?

Virtual Debate of the KAS-BDI Working Group Trade

In the beginning of the year, many economists were cautiously optimistic towards global trade growth. But the Russian invasion of Ukraine and the ensuing sanctions have put global supply chains under increased strain, just as they were beginning to recover from the effects of the global pandemic. The resulting current rise in inflation, initially considered to be temporary by many Central Banks, is now expected to be a more long-term phenomenon due to the new geopolitical reality.

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Details

This year, Germany has the opportunity to set crucial issues on the international agenda of the G7, as it took over the chairmanship from the United Kingdom on 1 January 2022. Both the G7 summit and the 12th Ministerial Conference of the WTO (MC12) will be held in June. The conference was expected to focus on the role and the relevance of the WTO but now with the war the conference’s outcome seems more than uncertain. Not only since the newest developments the WTO has been in urgent need of reform. Has now finally come the time to rethink the international trade order?

 

How can an effective EU international trade strategy look like in such a challenging environment? What steps do the European Union, and its members states need to take to ensure their current role in the global economy? What will Germany be able to achieve within the framework of its chairmanship of the G7 and what areas will it focus on? Will the many trade enforcement tools that are currently in the legislative process, such as the Anti-Coercion instrument or the Foreign Subsidies Regulation, be helpful tools for the EU in this regard?

 

On Tuesday, 10 May, 13:30-14:45 (CET), in this year's first KAS-BDI Working Group Trade, we want to find answers to these and more questions with our honorable speakers Anna-Michelle Asimakopoulou, Member of the European Parliament, and Vice-Chair of the Committee on International Trade (INTA), Dr Christian Forwick, Deputy Director-General, Department for Foreign Trade Policy at the German Federal Ministry for Economic Affairs and Energy, and Thibaut L’Ortye, Director of Public Affairs at the American Chamber of Commerce to the EU. Our event will be moderated by Matthias Krämer, Head of Department External Economic Policy at the Federation of German Industries (BDI).

 

For registration, please use the following LINK.

 

We are very much looking forward to your participation.

Here you will find the program for download: Program 22-05-10 Rethinking Global Trade.pdf

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Venue

Online via Zoom

Speakers

  • Dr Hardy Ostry
    • Director
    • European Office of the Konrad-Adenauer Stiftung
  • Anna-Michelle Asimakopoulou
    • MEP
    • Vice-Chair of the Committee on International Trade (INTA) European Parliament
  • Dr Christian Forwick
    • Deputy Director-General
    • Department for Foreign Trade Policy German Federal Ministry for Economic Affairs and Energy
  • Thibaut L’Ortye
    • Director of Public Affairs
    • American Chamber of Commerce to the EU
  • Matthias Krämer
    • Head of Department External Economic Policy Federation of German Industries (BDI)
Contact

Dr. Hardy Ostry

Dr. Hardy Ostry

Head of the Washington, D.C. office

hardy.ostry@kas.de
Contact

Jana Bernhardt

Jana Bernhardt kas

Policy Advisor

jana.bernhardt@kas.de +32 2 66931 -56 +32 2 66931 - 62

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