Thursday, Apr 25 2024 | Time 15:23 Hrs(IST)
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World


WTO ministerial begins with calls against protectionism

Buenos Aires, Dec11 (UNI) The 11th Ministerial Conference of the World Trade Organization kicked off in the Argentine capital Buenos Aires with President Mauricio Macri urging all nations to make the multilateral system more efficient because the benefits of trade are not reaching "everyone."
"I invite you to move forward (in achieving) the necessary consensus so that the rules of world trade may be in harmony with the social realities of the 21st century," Macri told the hundreds of delegates from the 164 WTO member nations.
The WTO is concerned with establishing the rules and regulations governing trade among the world's nations. The Ministerial Conference is the WTO's most important decision-making organ and it is attended by the trade ministers and other top officials from the organization's member states.
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