World Trade Organization head: Global order has irrevocably changed

The World Trade Organization chief Ngozi Okonjo-Iweala stated the global trade system has changed forever. She emphasized the need to look ahead and reform the international trade framework.

Key takeaways

Quick scan — what you need to know:

• The World Trade Organization chief Ngozi Okonjo-Iweala stated the global trade system has changed forever.
• She emphasized the need to look ahead and reform the international trade framework.
• The old multilateral system is gone and cannot be recovered.
• Ngozi Okonjo-Iweala urged nations to focus on future strategies for global trade.

Background

What led here, in plain terms:

• The World Trade Organization chief Ngozi Okonjo-Iweala stated the global trade system has changed forever.
• She emphasized the need to look ahead and reform the international trade framework.
• The old multilateral system is gone and cannot be recovered.
• Ngozi Okonjo-Iweala urged nations to focus on future strategies for global trade.

Why it matters

Why readers and decision-makers should care:

• The World Trade Organization chief Ngozi Okonjo-Iweala stated the global trade system has changed forever.
• She emphasized the need to look ahead and reform the international trade framework.
• The old multilateral system is gone and cannot be recovered.