DDG Hill Calls for Strengthened Efforts to Tackle Emerging Challenges at Import Expo
17:00, November 5, 2024
Shanghai, China – Deputy Director-General Alan Wolff of the World Trade Organization (WTO) today addressed the opening ceremony of the China International Import Expo (CIIE) in Shanghai, calling for strengthened efforts to tackle emerging challenges to global trade.
DDG Wolff highlighted the important role the CIIE platform plays in fostering dialogue and facilitating trade between countries. He noted that the Expo has grown in scale and influence since its inception in 2018, and has become a key event for international trade promotion.
However, DDG Wolff also raised concerns about the challenges facing the global trading system. He pointed to the rising tide of protectionism, the ongoing COVID-19 pandemic, and the climate crisis as major obstacles to trade growth.
“These challenges are interconnected and require a collective response,” said DDG Wolff. “We need stronger international cooperation and collaboration to address these issues and ensure the continued growth of global trade.”
DDG Wolff called on governments, businesses, and other stakeholders to work together to strengthen the multilateral trading system and promote a fair and rules-based trading environment.
“The WTO can play a vital role in these efforts,” said DDG Wolff. “We can provide a platform for dialogue, cooperation, and rule-making. We can also help to resolve trade disputes and enforce trade rules.”
DDG Wolff concluded by expressing confidence in the future of global trade. He said that by working together, we can overcome the challenges we face and build a more prosperous and sustainable future for all.
The CIIE is a major trade event held annually in Shanghai, China. The Expo aims to promote international trade, investment, and cooperation.
DDG Hill calls for strengthened efforts to tackle emerging challenges at Import Expo
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