World Economic Forum founder says Joe Biden 'will boost multilateralism'

11/19/2020 Klaus Schwab - "I think also here we need to reset, we cannot go back to the system of multilateralism, which we have established after World War Two. What we need is a reform of the international system. Just think of the WTO. We have to integrate new dimensions of global trade, like everything which has to do with e-commerce and so on. So definitively, multilateralists will get a boost by the election of President Biden. And I'm very hopeful that we can now create the necessary systems which we need for the 21st century," he said.