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WTO Chief Warns Of Global Economic Challenges Ahead

World Trade Organization Director-General Ngozi Okonjo-Iweala speaks at a WTO summit in Abu Dhabi, United Arab Emirates, Monday, Feb. 26, 2024. The World Trade Organization opened its biennial meeting

The head of the World Trade Organization has raised concerns about the impact of war, uncertainty, and instability on the global economy. The organization's Director-General highlighted the need for reform as elections in various parts of the world could introduce new challenges.

During the biennial meeting held in the United Arab Emirates, the WTO Director-General acknowledged the pressures faced by the organization, particularly from the United States and other nations. She emphasized the current risks, including rising prices of essential goods like food and energy, which are causing economic strain and political discontent among populations worldwide.

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