WTO Director-General: WTO reform should respond to changes in the world
Xinhua News Agency, Boao, Hainan, April 19 (Reporter Chen Ziwei) WTO Director-General Ngozi Okonjo-Iweala at the Boao Forum for Asia 2021 Annual Conference "WTO Reform: Directions and Challenges" sub-forum on the evening of the 19th Said that the world is in a state of change, and the reform of the rules of the World Trade Organization must respond to changes in the world and contribute to the improvement of the living standards of the world's people and sustainable development.
In terms of trade in goods, Okonjo-Iweala said that the reform of the World Trade Organization must be inclusive, not to exclude less developed countries, and to include low-income countries in the world trade system.
In terms of the digital economy, Okonjo-Iweala said that technology has changed the current business model. The rise of the digital economy has allowed data to flow to a great extent. The digital economy needs to strengthen global trade relations and strengthen the standardization of rules to further promote Economic Growth.
In terms of epidemic prevention and control, Okonjo-Iweala said that the reform of the World Trade Organization should try to solve the problem of export restrictions on vaccines and medical equipment and expand its global production scale.