At Liberal International’s 204th Executive Committee Meeting, the membership adopted a new policy paper on fair trade. “The Future of Liberal Trade in the 21st Century” identifies the challenges that liberal trade is today facing and provides a set of concrete recommendations on how these should be addressed.

Following months of vacancy, the World Trade Organisation (WTO) finally has chosen a new Director-General. The Fair Trade Working Group of Liberal International congratulates Dr Ngozi Okonjo-Iweala on her new role at the heart of the global trading system.

Article by LI deputy president and chair of LI's Fair Trade Working Group, Professor Karl-Heinz Paqué The last decade has been tough for globalization. Since the early 1950s, the world’s economies had become increasingly intertwined and grown rapidly together. Except for brief periods of recession, exports and imports always grew faster than the global value creation. Growth almost automatically led to integration.