WTO members get out of the deadlock, appoint chairmen for negotiations

GENEVA, 27 january (Reuters) – Members of the World Trade Organization village have broken a months-long impasse over who will chair ongoing negotiations to hammer out new global trade rules for agriculture and fisheries.

WTO chief Ngozi Okonjo-Iweala tweeted that Iceland’s ambassador Einar Gunnarsson has been appointed to lead negotiations to cut billions of dollars in fishing subsidies that threaten fish stocks. Village Turkey’s economic discussions ambassador Alparslan Acharsoy will lead.

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“Let’s get down to business,” he said. Reuters reported on the appointments shortly before the announcement.

The impasse, caused by infighting between the countries, has lasted nearly six months and has become a source of frustration for countries and embarrassment for the 28-year-old global trade watchdog.

Reporting by Emma Farge Editing by Paul Carrel

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2023-01-27 14:35:35
Source – reuters

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