7.43 We also note that, by its very nature, the WTO Agreement favours a multilateral approach to trade issues. The Preamble to the WTO Agreement provides that Members are “resolved … to develop an integrated, more viable and durable multilateral trading system \[and\] … determined to preserve the basic principles and to further the objectives underlying this multilateral trading system” (emphasis added). Article Ⅲ:2 of the WTO Agreement also mentions that:
“The WTO shall provide the forum for negotiations among its Members concerning their multilateral trade relations in matters dealt with under the agreements in the Annexes to this Agreement. The WTO may also provide for a forum for further negotiations among its Members concerning their multilateral trade relations …”