Chinese President Xi Jinping spoke about the need to reform the World Trade Organization (WTO). This was reported by TASS.
According to him, the organization is an element of global economic governance as well as an important pillar of multilateralism.
Xi Jinping added that there is a general consensus and a general trend to implement the necessary WTO reforms.
The President of the People’s Republic of China believes that the Chinese side should fully participate in this reform of the organization and the adjustment of international economic and trade rules in order to promote deep reforms and high-quality development with a high level of openness. outer world.
Formerly United States Trade Representative Katherine Tai published The report calls on the World Trade Organization (WTO) to implement the necessary reforms to improve its performance.
According to the USA, the organization cannot respond to the “rapidly changing global economy” in a timely manner.
previously economist warned Kiev about the risks associated with the growth of foreign debt.