World Trade Organization: War Causing Worst Global Trade Disruption in 80 Years
The global trading order is under siege, World Trade Organization director-general Ngozi Okonjo-Iweala warned as delegates convened for the WTO ministerial in Yaounde, calling the disruption the most severe the system has faced in eight decades.
"The world order and the multilateral system we used to know has irrevocably changed," she said, stressing: "We cannot deny the scale of the problems confronting the world today."
With 166 member states represented, the WTO meets in the Cameroonian capital amid stark divisions among…