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A New Dawn Breaks for the Global Trading Order.

  • Periodical
  • 6/18/2022, p19-19. 1p.
  • (Bloomberg) -- As a red sun rose over Lake Geneva Friday morning,exhausted trade officials from around the globe celebrated the fact thatfor the first time in recent memory the World Trade Organization was nolonger in crisis. "The WTO has earned important breathing room to focus on reform in weeksand months ahead", said Wendy Cutler, a former US trade negotiator andvice president at the Asia Society Policy Institute. E-commerce Moratorium While it didn't exactly dominate headlines in a week of tumbling stocksand rising policy interest rates, the fact that trade ministers didn'tlet the WTO's moratorium on digital duties expire was a significantachievement. [Extracted from the article]
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