Reboot Global Trade Talks

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Jack Ma, founder of Alibaba Group wants to reboot global trade talks.

“WTO 2.0,” he said in a speech at the Asia Pacific Economic Cooperation summit in Manila last week. “We should be using WTO to support small guys.” It’s the big buys that currently control the global trading system. They built it, as they alone had the resources to spread out around the globe."

He goes on to say that trade is a freedom, trade is human right and trade should not be used as a tool against other nations.

Mighty powerful words. Besides Alibaba, who else benefits from small-business commerce? Are we on the verge of a new trade agenda -- beyond Trans-Pacific Partnership (TPP)?

Read more: Why the future of global trade deals could be small business

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