China plans to propose reforms of the World Trade Organization, China’s ambassador to the WTO Zhang Xiangchen said.
WTO Director-General Roberto Azevêdo argued that the international community must strive to “turn the current crisis of multilateralism into an opportunity to save it”.
It should be India’s effort to shape and modify proposals on WTO reform so that they expand rather than restrict India’s trade opportunities.
President Trump is right that the World Trade Organization badly needs reform, argues former WTO Director-General Pascal Lamy.
The two leaders discussed the current situation in global trade, efforts to ease the growing tensions between major trading partners and the emerging debate on strengthening the WTO.
The two leaders discussed the current global economic landscape and the need to safeguard the multilateral trading system.