For decades, international trade has been thriving under a rules-based system securing, to a large extent, stability and predictability in trade and investment relations. While bilateral and regional trade agreements played an important role in expanding trade and investment opportunities, the main guarantor of stability and predictability has been the multilateral trading system with the World Trade Organization (WTO) at its core.
Since the beginning of 2025, that order has been shaken to an unprecedented level of uncertainty. Unilateral trade restrictive measures disregarding multilateral rules have been on the rise with ever increasing levels of tension between trading partners.
At the same time, recent events have resurrected among the majority of trading nations as well as the global business community a renewed appreciation of how indispensable a rules-based system is for the prosperity of the global economy. And, conversely, how costly it is to lose it.
This session will discuss concerns of global business community related trade and possible solutions.
Ambassador Alan Wm. Wolff
Senior Fellow, Peterson Institute for International Economics (PIIE)
H.E. Waleid Gamal Eldien
Chairman, Suez Canal Economic Zone
Dr. Stefan Schepers
Executive Director, Independent High-Level Groups for EU Policy Innovation
H.E. Hassan El Khatib
Egyptian Minister of Investment and Foreign Trade
Valerie Picard
Head of Trade, the International Chamber of Commerce (ICC)
Simon J. Evenett
Professor of Geopolitics and Strategy, IMD Business School, Switzerland
MODERATOR
Abdel Hamid Mamdouh
Senior Counsel, King and Spalding LLP - Geneva Office, & Former Director of Trade in Services and Investment, WTO