Speech by Minister Ilves at the General Council meeting of the World Trade Organisation

Toomas Hendrik Ilves, Minister of Foreign Affairs of the Republic of Estonia, 21 May 1999, Geneva


Thank you Mr Chairman,

Mr Chairman, Your Excellencies, distinguished delegates,
It is with great pleasure that I deliver this speech today at this multinational forum that stands for economic liberty and rule of law in international trade. And not only because these are values that are highly respected in my country but also because your decision today allows Estonia to become a member of the World Trade Organisation.

Estonia has been an observer to this organisation since 1994 and a participant of the Information Technology Agreement since 1997. Five years of intensive negotiations are over and now we have the opportunity to fulfil the responsibilities as well as to enjoy the benefits of a full-fledged member of this distinguished organisation. The rules of world trade, their application and implementation have been a guideline for us to restructure our own economy. Moreover, the process of negotiations has taught us to share and to be committed to the principles valued by the 134 members of the WTO. As these rules will apply in one more country, a contribution to the further development of international trade relations has been made.

Economic and especially trade ties connect us with most of the countries represented here. As trade is in the forefront of globalisation it is often the most intensive form of a small country's international relations. We are proud of this as we are proud of the role trade plays in our economy and dynamic development. As a future member of the WTO Estonia looks forward to participating actively in the work of the organisation by supporting the cause of fair and free trade while being perhaps one of the most vivid examples of how liberal trade policies support the development of a country.

As today marks the end of the accession process I would like to use this opportunity to express my sincerest gratitude to all the members, especially to those who were directly involved in our negotiating process. I would also like to thank the WTO Secretariat and particularly the staff of the accession division whose help and guidance were invaluable. Last but not least our gratitude goes to H.E. Ambassador Donald Kenyon of Australia who, in his balanced, experienced and clear manner chaired the Working Party on Estonia's accession.

Thank you Mr Chairman.