ISLAMABAD: Pakistan has stated that the inclination to reject a restrictions structure and individual measures by members of the World Trade Organization (WTO) pose a threat to the global trading system.Other key issues facing the world trade body include the failure to deliver mandates from WTO ministerial conferences and a dysfunctional dispute settlement mechanism.
The 12th Ministerial Conference of the World Trade Organization was held in Geneva from June 12 to 16, 2022. Syed Naveed Qamar, Pakistan’s Minister for Commerce and Investment, led a group from Pakistan that included officials from the temporary mission to the World Trade Organization and the Ministry of Commerce, according to a statement released on
The commerce minister talked at the inaugural ceremony about the issues that the multilateral trading system faces. He also discussed some of Pakistan’s issues in the wake of the country’s balance-of-payments crisis and the imminent threat to food security.
He reaffirmed Pakistan’s commitment to the multilateral trading system and emphasised the importance of working on topics that will assist the globe in recovering from the Covid-19 pandemic and planning for the future.
The commerce minister talked at the inauguration ceremony about the issues that the multilateral trading system faces. He also discussed some of Pakistan’s issues in the wake of the country’s balance-of-payments crisis and the imminent threat to food security.
He reaffirmed Pakistan’s commitment to the multilateral trading system and emphasised the importance of working on topics that will assist the globe in recovering from the Covid-19 pandemic and planning for the future.
