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Al Jazeera
Al Jazeera
Business

WTO passes ‘unprecedented’ trade package after fraught talks

WTO Director-General Ngozi Okonjo-Iweala presented countries with a series of draft trade agreements that includes pledges on health, reform, and food security [File: Martial Trezzini/Pool via Reuters]

The World Trade Organization on Friday agreed on an “unprecedented” package of trade deals touching on health, reform and food security, after disagreement between countries on key issues forced the trade body to extend negotiations by two days.

The agreement came after WTO Director-General Ngozi Okonjo-Iweala had earlier urged countries to compromise, after negotiations failed to reach consensus on ending environmentally damaging fishing subsidies and fully waiving patents for COVID-19 treatments.

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