Malaysian ambassador: WTO needs to expedite effort to improve multilateral trading system role

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KUALA LUMPUR: Malaysia is of the view that it is important for the World Trade Organisation (WTO) to accelerate its efforts to improve the organisatio...

Malaysia is of the view that it is important for the World Trade Organisation to accelerate its efforts to improve the organisation’s role in governing the multilateral trading system, especially in addressing global challenges and uncertainties at the Senior Officials Meeting in Geneva scheduled next week.

“SOM will provide a platform to close existing gaps in outstanding issues as some differences can be addressed through high-level interactions as issues such as agricultural and fisheries subsidies, food security and sustainability are closely related to politics and social interests,” he said in a statement.

The primary purpose of SOM is to see progress on mandated issues; provide political guidance and support on outstanding issues; resolve certain issues; explore potential deliverables and substantive outcomes for MC13; and discuss pressing global issues.

 

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