Is Plurilateral the Way Forward?

Many trade experts have suggested ways to move forward following the deadlock in the Doha Round. Chiefly among them is for smaller groups of countries to negotiate and implement policies that they can then extend to other WTO members as and when they are ready. The simple argument behind this proposal is that agreement can be reached faster and easier among smaller number of negotiating countries. The question is: can multilateralization really be achieved at faster rate via this proposal, as is suggested, or is it going to further burden the already complex environment? In other words, is this a building or stumbling block?

Let me give a negative perspective of this proposal. When countries negotiate, they do so from their own perspectives, taking into account their own interests. One can argue that although agreement can be reached more efficiently, the contents are probably narrower in a sense that it takes into account only the interests of the negotiating countries. If this agreement is to be eventually extended to other WTO members, will they take it at face value? Well, perhaps not since their interests have most likely not been included in the first place. When the time comes, these members will want to amend some parts of the agreement before they will subscribe to it. However, will the original negotiating countries agree since they will have to concede on some points.

Guarded Optimism for Post-Election Myanmar

The final tally of the by-election in Myanmar is out! The National League for Democracy (NLD) led by Aung San Suu Kyi won 43 out of the 44 seats that were contested. But is this the end by itself? Well, I would think of it as a step in the right direction but definitely not an end because a lot of uncertainties remain despite the historic event.

Firstly, while there is no doubt in her ability to inspire people, a lot of questions on Aung San Suu Kyi’s capabilities to run a country or rather contribute to the running of the country have been raised. This is not surprising considering that she is untested and spent a considerable time under house arrest.

Secondly, even if she is highly capable, critics have questioned her ability to influence key decisions made by the government since the NLD only holds approximately 5% of the parliamentary seats.

Thirdly, while President Thein Sein seems to be highly supportive of the political reform in Myanmar, there have been questions on how much influence he has over the Union Solidarity and Development Party (USDP) and how much power still resides with the military. There is always a possibility of a coup if he cannot convince them that he is right; Myanmar is afterall no stranger to coups.

Although the result of the by-election certainly deserves applause, the path ahead is far from smooth.