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2022.06.17 11:05 GMT+8

WTO approves package of trade deals at ministerial meeting

Updated 2022.06.17 11:56 GMT+8
CGTN

The World Trade Organization (WTO) approved a package of trade deals at the 12th Ministerial Conference (MC12) in Geneva early Friday morning.

The agreements include responses to food insecurity and the COVID-19 pandemic, World Food Program purchase exemptions, extension of a moratorium on e-commerce, and fisheries subsidies.

 "Not in a long while has the WTO seen such a significant number of multilateral outcomes," WTO Director-General Ngozi Okonjo-Iweala said.

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