WTO Chief Okonjo-Iweala: Global Trade Faces Its Hardest Test in Eighty Years
The head of the World Trade Organization emphasized the urgent need to strengthen supply chains in the face of increasing global fragmentation.
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World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala stated that global trade is going through its most challenging period in the last eighty years, emphasizing the need to increase the resilience of supply lines.
Historic Test for Global Trade
The head of the World Trade Organization stated in an interview that global trade is facing its harshest test in the past eighty years.
Supply Lines in a Fragmenting World
Drawing attention to the growing fragmentation of the world, the official noted that rethinking and strengthening supply lines in the face of uncertainties is essential.