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Wang Wentao Meets WTO Director-General, Urges Practical Outcomes in Investment Facilitation and Other Areas
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During the '14th WTO Ministerial Conference' in Yaound? the capital of Cameroon, China's Minister of Commerce Wang Wentao met with WTO Director-General Ngozi Okonjo-Iweala. He emphasized that, in the face of severe disruptions to the international economic and trade order, China will strive to promote practical outcomes in areas such as WTO reform, investment facilitation, e-commerce, agriculture, and development during the conference, sending a positive signal of members' joint commitment to maintaining the multilateral trading system. China insists on placing development at the center of the WTO's work agenda and will work with other members from the Global South to safeguard common interests. Wang Wentao stated that China supports achieving a WTO reform outcome document to prevent global trade and economic relations from reverting to a 'law of the jungle' based on strength. China will actively participate in discussions on fair competition and other topics within the WTO framework and is committed to enhancing the efficiency of decision-making mechanisms and restoring the operation of the dispute settlement mechanism, thereby strengthening the authority, effectiveness, and relevance of the multilateral trading system. (ta/da) Auto-translated by third-party software This translation was auto-generated by third-party software. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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