BERLIN (Reuters) -WTO Director-General Ngozi Okonjo-Iweala said on Monday that some of the United States’ criticisms of the multilateral trading system were valid. “I think that a lot of the criticisms made by the US of the system are valid, I share them,” Okonjo-Iweala said at the Fortune Global Forum in Riyadh. She pointed to […]
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Many US criticisms of multilateral trading system are valid, says WTO chief
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BERLIN (Reuters) -WTO Director-General Ngozi Okonjo-Iweala said on Monday that some of the United States’ criticisms of the multilateral trading system were valid.
“I think that a lot of the criticisms made by the US of the system are valid, I share them,” Okonjo-Iweala said at the Fortune Global Forum in Riyadh.
She pointed to the consensus decision-making system and lack of transparency in reporting as examples of aspects that need to be evaluated.
(Reporting by Friederike Heine)