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World Trade Organization Passes Unprecedented Trade Package

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Synopsis

The World Trade Organization agreed on an unprecedented package of trade deals touching on health, reform and food security after a disagreement between countries on key issues forced the trade body to extend negotiations by two days. WTO Director-General Ngozi Okonjo-Iweala says the package of agreements you have reached will make a difference in the lives of people around the world. The negotiations involving more than 100 trade ministers have been seen as a crucial test of the trade body’s ability to strike multilateral trade deals at a time when rising geopolitical tensions are increasing protectionism and economic decoupling.