The negotiations will certainly seek improved access and greater security for this type of trade. This issue is also relevant to the ongoing work on electronic commerce. Now, what can we do to ensure successful conclusion of these negotiations? There is much that can be done, especially in creating conditions favourable to further liberalization.
Many countries, particularly developing countries, lack the necessary institutions, regulatory structures and legal frameworks needed to support a fast-changing, modern economy. In a sense we find ourselves between two worlds - between an economic system which is increasingly global and a patchwork of institutions and structures which remains largely national in scope.