On May 29, 2013, the stocktaking seminar on Global Value Chains organized jointly by the Russian G20 Presidency and the Organization for Economic Cooperation and Development (OECD) was held in Paris (France). The Seminar provided an opportunity to take stock of progress on measuring trade in value-added terms, and the corresponding trade policy implications emerging from this exercise. The WTO was a key partner in the discussions.
During the seminar, ministers and experts as well as business and labour representatives from the G20 and the OECD countries contributed as lead speakers in an open discussion with all participants. The discussion covered a range of issues, including input from the OECD-WTO Trade in Value-Added database (TiVA) to global trade and investment policy; implications for the Global Value Chains (GVCs) development linked with cross-border barriers and trade in off the shelf items; ensuring the developing countries' access to the GVCs and related income and employment opportunities, as well as complementary policies necessary to ensure that developing countries can access and move up the value chain.