WTO chief warns of rocky road to deals amid ‘polycrisis’

  • 📰 malaymail
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 86%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

GENEVA, June 13 — World Trade Organization chief Ngozi Okonjo-Iweala expressed cautious optimism on Sunday that more than 100 trade ministers meeting in Geneva would achieve one...

GENEVA, June 13 — World Trade Organization chief Ngozi Okonjo-Iweala expressed cautious optimism on Sunday that more than 100 trade ministers meeting in Geneva would achieve one or two global deals this week, but warned the path there would be bumpy and rocky.

As a sign of divisions among the WTO’s 164 members, some 30-40 nations walked out when Russia’s Vice-Minister Vladimir Ilyichev took to the floor. “What remains to be decided requires political will — and I know you have it — to get us over the finish line,” she said.“Let me be clear, even landing one or two will not be an easy road. The road will be bumpy and rocky. There may be a landmine along the way,” Okonjo-Iweala said, adding she was “cautiously optimistic” that the meeting would conclude with one or two deals.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WTO chief says ‘cautiously optimistic’ ahead of high-stakes meetGENEVA, June 12 — The World Trade Organisation chief voiced cautious optimism today as global trade ministers gather to tackle food security threatened by Russia’s invasion of...
Source: malaymail - 🏆 1. / 86 Read more »

WTO chief says ‘cautiously optimistic’ ahead of high-stakes meetGENEVA, June 12 — The World Trade Organisation chief voiced cautious optimism today as global trade ministers gather to tackle food security threatened by Russia’s invasion of...
Source: malaymail - 🏆 1. / 86 Read more »

Despite major gas deal, energy giant warns consumers to turn down heatingDOHA, June 13 — TotalEnergies chief Patrick Pouyanne hailed a deal to expand production in the world’s biggest natural gas field in Qatar but told AFP on Sunday that more...
Source: malaymail - 🏆 1. / 86 Read more »

UN rights chief Michelle Bachelet says not seeking second termGENEVA, June 13 — UN rights chief Michelle Bachelet announced today that she will not seek a second term, ending months of speculation about her intentions amid growing criticism...
Source: malaymail - 🏆 1. / 86 Read more »

Tesla lays off Singapore country manager as part of 10pc reduction in global workforceSINGAPORE, June 13 — Tesla Singapore has laid off its country manager as part of a planned 10 per cent reduction in its global workforce after chief executive Elon Musk warned...
Source: malaymail - 🏆 1. / 86 Read more »

Skidding car causes trailer carrying logs to overturn in KelantanPolice say 3 other cars crashed into logs that spilt onto the road.
Source: malaysiakini - 🏆 20. / 51 Read more »