17 June 2022

WTO Ministerial Conference Unanimously Approves Several Agreements

International and Arabic
  • WTO

Geneva, June 17 (QNA) - The World Trade Organization (WTO) members approved a series of trade agreements early on Friday that included commitments on fish and pledges on health and food security after more than five days of negotiations.
The deals were ground out over five days of bargaining at a conference of more than 100 trade ministers that was seen as a test of the ability of nations to strike multilateral trade deals amid geopolitical tensions heightened by the Ukraine war.
Delegates cheered after they passed the package of six agreements just before dawn on Friday.
The Director-General Ngozi Okonjo-Iweala said to members: "The package of agreements you have reached will make a difference to the lives of people around the world. The outcomes demonstrate that the WTO is in fact capable of responding to emergencies of our time." A formal announcement on all these issues is likely to be announced anytime soon. (QNA)

Keywords

General, International
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