Free and fair trade is essential for global peace and prosperity

The dispute over who heads the World Trade Organisation means trade body’s future is contingent on outcome of US election, which is unacceptable

1st November, 2020
Free and fair trade is essential for global peace and prosperity
Ngozi Okonjo - Iweala of Nigeria, a candidate for the World Trade Organisation director-general job

The world’s trading system is in crisis. The US, China and the EU are at loggerheads on multiple fronts, over trade imbalances, technology transfers and state subsidies.

According to the World Trade Organisation (WTO), global commerce is set to shrink this year by almost a tenth as a result of the Covid-19 pandemic. The WTO itself is leaderless and paralysed, crying out for reform and a reboot of its mission to keep alive...

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