Well-designed and enforceable international rules that reflect present realities are critical to tackle the root causes of distorted and unfair competition. EUROFER considers that a rules-based multilateral trade regime benefits all economies. However, the modernisation of the WTO is necessary to address competing economic and political systems.  

EUROFER supports the EU ambition to modernize and make the WTO more effective by introducing more transparency, new rules and disciplines and enforcement mechanisms, particularly on industrial subsidies.