WTO Director-General Moore speaks out on WTO rules

Mike Moore, director-general of the World Trade Organisation, has urged developing countries to support proposals for WTO rules on competition and investment, telling them it is in their own economic interest. It is unusual for a WTO director-general to take a public position on such politically contentious questions. But Mr Moore says in an article in the Financial Times that an agreement on new WTO rules would benefit developing countries by helping them attract foreign direct investment, attack hardcore cartels, tackle corrupt procurement practices and lower export costs.