Trends in World TradeMonday, April 30, 2012
11:00 AM - 12:15 PM
Mario Mesquita, President, Brevan Howard Assessoria De Negocios Ltda; former Deputy Governor, Economic Policy, Central Bank of Brazil
Eyal Ofer, Chairman, Global Holdings Inc.; Chairman, Zodiac Maritime Agencies Ltd.
Jim Prentice, Senior Executive Vice President and Vice Chairman, Canadian Imperial Bank of Commerce
Nerijus Udrenas, Chief Adviser to the President, Lithuania
John Veroneau, Partner, Covington & Burling LLP; former Deputy U.S. Trade Representative
Global patterns of trade are being fundamentally redrawn: Not only are U.S. energy imports declining, but China just posted its biggest trade deficit in 22 years. New trading partnerships are being formed between powerhouses like China and Brazil; Canada is negotiating a potential free-trade agreement with Europe; and emerging economies from across Asia are becoming major exporters. Although many nations are looking to exports as a driver of growth, world trade flows for most major economies have slowed in recent quarters, and the OECD recently cut its forecast for 2012 trade growth by almost half. How will a European slowdown affect world trade? What are the implications of Russia joining the WTO? As nations compete for market share, what are the new relationships - and rivalries - that will define the future?