How to deal with trade protectionism and reduce trade fragmentation has received attention at the Boao Forum for Asia 2024 Annual Conference. Long Yongtu, China's chief negotiator for WTO accession, believes that the root of the problem lies in the fragmentation of the global multilateral trading system.
Former Deputy Prime Minister of Singapore Huang Kan-shing pointed out that the most important thing for Singapore at the moment is to have clear rules for trade, and the WTO’s function in formulating rules and maintaining trade multilateralization is extremely critical to Singapore.