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    HomeBusinessWTO approves package of trade deals, prompting cheers

    WTO approves package of trade deals, prompting cheers

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    Economy

    Reuters | Geneva, June 17 | Updated on: Jun 17, 2022

    WTO members approved a package of trade deals, including pledges on health, reform and food security

    The World Trade Organization’s members approved on Friday a package of trade deals, including pledges on health, reform and food security, struck after more than five days of negotiations.

    Representatives of the 164 countries cheered after the package was passed before Director-General Ngozi Okonjo-Iweala addressed them early on Friday.

    “The package of agreements you have reached will make a difference to the lives of people around the world,” she said. “The outcomes demonstrate that the WTO is in fact capable of responding to emergencies of our time.”

    Published on June 17, 2022

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