e with the WTO because they operate on different levels. Regional agreements have been very successful and may have done more for some nations then the global organizations, but they will never be able to replace global organizations, such as the WTO, because regions will interact with each other in a mercantilist nature just as nations do. The WTO is needed to regulate interaction between regions.In order to keep the WTO productive and effective, the agenda of the WTO should be focused on liberalizing trade and nothing else. It must only concern itself issues within its jurisdiction, The WTO is primarily a trade forum and lacks expertise in assessing environmental or labor standards. (Lash 372) It seems that everyone interested in the WTO is trying to clutter the its agenda with irrelevant issues, Friends of the WTO want to see it expand its scope to set rules that will cover all sorts of new trade issues, ranging from investment and competition policy to e-commerce and product standards Foes of the WTO also want to overload the agenda with issues such as labor standards and environmental regulations. (Irwin) Cluttering the WTO agenda will impede the progress of the WTO, which will likely only lead to overregulation and will waste much valuable WTO time.The main concern of the WTO should be to reform the troubled global structure; the WTO must commit itself to develop developing countries faster and more effectively. The interests of undeveloped countries are often undermined because rich countries, especially the US, put in the most money into international organizations such as the WTO and thus have a tremendously unfair amount of influence on the WTOs actions. The fundamental rationale for international bodies such as the WTO is to keep countries on a level playing field, with equal treatment, equal rights, and equal bargaining power. The WTO should look to reform its administration as to more fairly represent the interests ...
