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Vol 37 No 22

Published 1st November 1996

Capital calls

A row about investment rules is likely to spill into the World Trade Organisation' s first ministerial meeting in Singapore on 9-13 December. Successor organisation to the General Agreement on Tariffs and Trade, the WTO was established on 1 January 1995 under former Italian Trade Minister Renato Ruggiero, who believes it will become as influential on economic policy as the International Monetary Fund. The December meeting will deliberate issues such as the regulation of tourism and financial services, intellectual property rights, export subsidies and investment rules (known as 'trade related investment measures').

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