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    Home»Trending News»WTO chief calls for trade overhaul to meet new world order
    Trending News

    WTO chief calls for trade overhaul to meet new world order

    Team_Prime US NewsBy Team_Prime US NewsMarch 26, 2026No Comments1 Min Read
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    The US helps reforms however is resisting an in depth work plan, whereas the EU, Britain, and China again one, inner reform paperwork seen by Reuters present.

    “If we do not obtain something concrete, the WTO will lose its attractiveness and relevancy,” Swiss Ambassador Erwin Bollinger mentioned earlier than the session.

    UK commerce minister Chris Bryant warned of potential fragmentation if no deal is reached.

    “My anxiousness is that if we ministers do not get this week proper, you may see a disorderly collapse of the WTO and a few folks writing a brand new rulebook,” Bryant mentioned.

    On the assembly, India is ready to oppose US efforts to increase a worldwide ban on cross-border e-commerce duties, which New Delhi says creating nations ought to have the ability to impose.

    US Commerce Consultant Jamieson Greer, in a draft assertion seen upfront by Reuters, is predicted to inform members the US is “not ” in a short lived extension to the ban, solely a everlasting extension.



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