News, Uncategorized

WTO APPROVES PACKAGE OF TRADE DEALS AT MINISTERIAL MEETING

The World Trade Organization (WTO) approved a package of trade deals at the 12th Ministerial Conference (MC12) in Geneva early Friday morning.

WTO Director-General Ngozi Okonjo-Iweala


The agreements include responses to food insecurity and the COVID-19 pandemic, World Food Program purchase exemptions, extension of a moratorium on e-commerce, and fisheries subsidies.

“Not in a long while has the WTO seen such a significant number of multilateral outcomes,” WTO Director-General Ngozi Okonjo-Iweala said.

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