9. Other Institutions and Issues

The broader Halifax process will also need to review the coherence of the overall system of international institutions. The international community has a strong interest in eliminating duplication between the IFIs and the UN system and operating thes cost-efficient a basis as possible.

Attention also needs to be paid to the synergies, as well as potential overlap, between the World Trade Organization and the various trade-related activities of other international institutions.

• The WTO needs to become a strong force for open markets and the continued liberalization of world trade. To ensure that it has a credible leadership role, it will be essential that the WTO's activities are closely coordinated with the IMF, Wor and trade-related UN bodies to avoid unnecessary duplication in their activities.

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