Skip to main content

Advertisement

Advertisement

APEC ministers pledge WTO reforms, restoring dispute settlement

Staff member watches the site, ahead of the Leaders Retreat during the Asia-Pacific Economic Cooperation (APEC) Summit in San Francisco, California, U.S. November 17, 2023. REUTERS/Loren Elliott

Staff member watches the site, ahead of the Leaders Retreat during the Asia-Pacific Economic Cooperation (APEC) Summit in San Francisco, California, U.S. November 17, 2023. REUTERS/Loren Elliott

Follow TODAY on WhatsApp

SAN FRANCISCO : Trade and foreign ministers from Asia Pacific Economic Cooperation countries on Friday pledged support for reforming the World Trade Organization, including restoring its dispute settlement function.

In a joint statement issued at the end of a leaders' summit in San Francisco, they said that to ensure the "vital role" of the WTO, "we support necessary reform to improve all of the WTO’s functions, so that members can better achieve the WTO’s foundational objectives and address existing and emerging global trade challenges."

(Reporting by David Lawder; Editing by Chris Reese)

Read more of the latest in

Advertisement

Advertisement

Stay in the know. Anytime. Anywhere.

Subscribe to our newsletter for the top features, insights and must reads delivered straight to your inbox.

By clicking subscribe, I agree for my personal data to be used to send me TODAY newsletters, promotional offers and for research and analysis.