On 2nd July, 2026, the Friends of Multilateralism Group (FMG) organized FMG Webinar on Global Imbalance and WTO Reform. Bernard Hoekman, FMG Member, Professor at the European University Institute in Florence, moderated the meeting.

At the meeting, Sébastien Jean, Professor of Economics at the Conservatoire National des Arts et Métiers (CNAM), Member of the French Council of Economic Advisers and the National Productivity Council presented his paper “Global imbalances, industrial policies, and the challenge of surging Chinese trade surpluses” (https://cepr.org/chapters/global-imbalances-industrial-policies-and-challenge-surging-chinese-trade-surpluses),and answered questions from the audience.

Over 50 participants joined the session, including members of FMG, Ambassadors/DPRs of WTO members, representatives from related international organizations, and experts from renowned think tanks and universities etc.
 
Watch this session via YouTube: https://youtu.be/SY_H0-EnjyU?si=v1vMY5UhDw0mYu7a

Anenx 1: Programme
15:00-15:05 
Opening Remarks
Speaker: Mario Matus (FMG)
15:05-15:10
Introduction
Speaker: Bernard Hoekman (FMG)
15:10-15:40 
Presentations
Moderator: Bernard Hoekman (FMG)
Speaker: Sébastien Jean
15:40-16:30 
Discussions
Moderator: Bernard Hoekman (FMG)

Annex 2: List of participants

I.FMG/FFMG
Xiankun Lu (FMG)
Bernard Hoekman (FMG)
Mario Matus (FMG)
Willy Alfaro (FMG)
Rajesh Aggarwal (FMG)
John Clarke (FMG)
Stuart Harbinson (FMG)
Wenhua Ji (FMG)
Alejandro Jara (FMG)
Robert Koopman (FMG)
Patrick Low (FMG)
Simon Lester (FMG)
Hamid Mamdouh (FMG)
Gabrielle Marceau (FMG)
Janet Njambi Macharia (FMG)
Petros C. Mavroidis (FMG)
Brad Mcdonald (FMG)
Sherry Stephenson (FMG)
Rosine Plank (FMG)
Rolf Traeger(FMG)
Geraldo Vidigal (FMG)
Guillermo Valles (FMG)
Sean Doherty(FFMG)

II.Missions
Netherlands: Audrey Goosen, Ambassador
Tajikistan: Jamshed Khamidov, Ambassador
Guyana: Leslie Ramsammy, Ambassador
Sri Lanka: R Wijesekara, Ambassador
New Zealand: James Andersen, DPR
Norway: Havard Hugas, DPR
Guyana: Kerry Ann Karim, Counsellor
China: Yuchi Ma, Counsellor
China: Jingjie Fu, Counsellor
Singapore: Terri Lim, Counsellor
EU: Hene Leht-Blight, Trade Policy Officer
Hong Kong China: Kwan Yung Lo, Assistant Representative
Guyana: Colin Luckie, First Secretary
Russia: Artur Vakhitov, Third Secretary

III. International Organizations
Adam Jakubik, IMF
Hang Tran, WTO

IV. Think Tanks
William Reinsch, CSIS

V. Governments
Linda Schmid, U.S

VI. Universities 
Sébastien Jean, Conservatoire National des Arts et Métiers 
Yuping Guan, Southwest University of Political Science and Law
Kunhao Yang, European University
Elisa Baroncini, Professor, Università di Bologna
Chen Lu, Shanghai Jiao Tong University

VII. Others 
Tian Xu, Johnson & Johnson 
Worku Alemayehu, Consultant