21.3 C
Bucharest
9 April 2020
International trade News

Foreign Affairs Council (Trade)

Main results

WTO reform and negotiations

The WTO is facing serious challenges to its legitimacy and its ability to function effectively, but let me be clear: we will lose more than we gain if we give up on it. We have to work for a comprehensive reform of the WTO system, including an interim solution to the Appellate Body crisis, so that we can continue to ensure the relevance of the WTO in the modern world.

Stefan Radu Oprea, Minister for Business Environment, Trade and Entrepreneurship of Romania

More details HERE

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