{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='SINGAPORE: WORLD TRADE CONGRESS OPENS' data-url='/boclips/videos/5c54bb3fd8eafeecae123a26' data-video-url='/boclips/videos/5c54bb3fd8eafeecae123a26' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nSINGAPORE: WORLD TRADE CONGRESS OPENS\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eEnglish/NatThe chief of the World Trade Organisation has cautioned regional trade groups not to stand in the way of a single world market.Speaking at the World Trade Congress in Singapore, W-T-O Director General Renato Ruggiero said the...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eEnglish/Nat\u003cbr/\u003eThe chief of the World Trade Organisation has cautioned regional trade groups not to stand in the way of a single world market.\u003cbr/\u003eSpeaking at the World Trade Congress in Singapore, W-T-O Director General Renato Ruggiero said the main challenge was to see that national barriers were not just replaced by regional ones.\u003cbr/\u003eThe congress aims to provide an opportunity for representatives from 30 countries to discuss their views on global trade.\u003cbr/\u003eIn December Singapore will host the first joint meeting of W-T-O member trade ministers.\u003cbr/\u003eThe World Trade Congress, organised by Singapore's Trade Development Board and the International Herald Tribune newspaper, opened in the city-state today (Wednesday). \u003cbr/\u003eIt aims to provide an opportunity for 750 government ministers, officials, academics and business executives from 30 countries to discuss their global views on trade with policy makers. \u003cbr/\u003eOrganisers hope it will help set the agenda for the W-T-O talks later in the year.\u003cbr/\u003eThe Congress got underway with the screening of a video showing\u003cbr/\u003eimages of trade around the world followed by a speech by Singapore's\u003cbr/\u003ePrime Minister Goh Chok Tong.\u003cbr/\u003eHe stressed the need for change.\u003cbr/\u003eSOUNDBITE: (English)\u003cbr/\u003eThe World Trade Organisation cannot afford to be nostalgic, it must be an institution for the future. Its past accomplishments are considerable but we cannot dwell on them. It must be consolidated and form the basis for the future. \u003cbr/\u003eSUPER CAPTION: Goh Chok Tong, Prime Minister of Singapore.  \u003cbr/\u003eW-T-O Director General Renato Ruggiero described the dangers of regional groupings.\u003cbr/\u003eThe point at which we would arrive at in the world in 20 or 25 years would be the division of the trading world into 2 or 3 intercontinental preferential areas each with its own rules and with free trade inside the area but with external barriers still existing among the blocks. Is this the sort of world any of us would want?\u003cbr/\u003eSUPER CAPTION: Renato Ruggiero, WTO Director General\u003cbr/\u003eIn the fever of free trade around the world, the European Union plans to create a preferential free trade area with all the Mediterranean countries by 2010. \u003cbr/\u003eSeven Southeast Asian countries have a free trade goal of 2003.\u003cbr/\u003eThe E-U  has a framework agreement with four South American countries and the Asia Pacific Economic Co-operation forum is committed to creating a free trade area in two stages by 2020.\u003cbr/\u003eSOUNDBITE: (English)\u003cbr/\u003eWe do not just want the Singapore meeting to be a stock-taking exercise in which make sure that the Uruguay round is implemented. We share the view that the world trading system is a dynamic one, that economic trends themselves force that to be the case and that it is the task of political leaders to reinforce the dynamism of the world economy, to lubricate it to remove obstacles and to make possible further, freer movement of trade.\u003cbr/\u003eSUPER CAPTION: Leon Brittan, Vice President, Commissioner of\u003cbr/\u003ethe European Communities\u003cbr/\u003eEconomists say if the regional groupings are fair to each other while imposing tariff barriers on non-members, the world would end up divided into two or three intercontinental preferential areas, each with its own rules.\u003cbr/\u003eSingapore. April 24 1996\u003cbr/\u003e1. Singapore city skyline\u003cbr/\u003e2. Various street scenes\u003cbr/\u003e3. External shot conference venue, Shangri-La Hotel \u003cbr/\u003e4. Delegates arriving\u003cbr/\u003e5. SOUNDBITE: (English) Goh Chok Tong\u003cbr/\u003e6 Various cutaways to delegates. \u003cbr/\u003e7. SOUNDBITE: (English) Renato Ruggiero\u003cbr/\u003e8. Leon Brittan walking to stage\u003cbr/\u003e9. SOUNDBITE: (English)\u003cbr/\u003e10. 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