Facing 'polycrisis', WTO chief warns of rocky road to deals

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GENEVA: World Trade Organization chief Ngozi Okonjo-Iweala expressed cautious optimism on Sunday (Jun 12) 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. The director-general from Nigeria said the worl

GENEVA: 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.

"I wish I could say for better. It has certainly become more complex," she told a news conference before the meeting, listing the lingering COVID-19 pandemic, the war in Ukraine and major food and energy crises as pieces of a"polycrisis".

 

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