The INTERNATIONAL Chamber of Shipping has launched its Marine Policy Principles for Pandemic Recovery this week to guide formal discussions between the World Trade Organization and the maritime industry.
The launch falls during the WTO Ministerial Conference (MC12) held in Geneva this week.
According to ICS, WTO Director General Ngozi Okonjo-Iweala has proposed a formal dialogue between the WTO and the shipping industry.
ICS described it as an opportunity for senior officials and industry to exchange views on critical issues and challenges facing the multilateral trading system.
The dialogue will take into account recent events impacting the global economy, such as the ongoing conflict in Ukraine, global energy crises and recovery from COVID-19.
“We have been very encouraged and fully support Dr Okonjo-Iweala’s message to the shipping industry proposing a formal dialogue between the WTO and the shipping industry,” said ICS Secretary General Guy Platten.
He said that there had been a number of developments over the past year which had highlighted the need for collaboration between the WTO and industry.
“ICS and the WTO, as the world’s enablers of free trade, are united on many issues, but not more so than our common values and principles of open and unfettered access to international markets.
“We are committed to engaging with the WTO in this global dialogue and hope that our ICS Maritime Policy Principles will provide a building block for discussions between the shipping industry and governments.”
The Maritime Policy Principles have been designed to help ensure that the global shipping industry can contribute to pandemic recovery and improved global prosperity as the world’s population grows.
They intend to strengthen industry’s commitment to maintaining a rules-based global trading system, a global regulatory framework encompassing open markets and fair competition, and adherence to international standards.