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2/28/24, 10:19 AM WTO summit in Abu Dhabi: Will new global trade deal emerge at 3-day event? | Economy – Gulf News
While a deal among some 160 ministers on getting necessary internal reforms is
plagued with obstacles, negotiators are still hoping for an agreement that could buoy
global fish stocks and protect fishermen by banning government subsidies, according
to a Reuters report.
Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade and the
conference chair, said that trade and sustainability would be on the agenda to ensure
the WTO's future relevance.
"The next generation will not have the same trade ecosystem that we have nowadays -
and we don't want the organisation to be outdated when the next generation runs the
trade dossier," he said.
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