Reforms necessary in WTO post Covid, says Saudi candidate
RIYADH, July 18, 2020
Saudi Arabia’s candidate to head the World Trade Organisation (WTO) said the organisation was in a state of stagnation and hence reform was necessary, especially at a time when the world was going through many changes over coronavirus.
Saudi Arabia’s candidate to head the World Trade Organisation (WTO) Mohammad Maziad Al Tuwaijri said the organisation was in a state of stagnation and hence reform was necessary.
"We should focus on successes instead of disagreements," said Al Tuwaijri in a news conference, adding that WTO faced problems in resolving disagreements.
He will be succeeding the current Director-General Roberto Azevêdo on August 31, when he steps down.
Al Tuwaijri was earlier the Minister of Economy and Planning responsible of the Economic
development agenda of Saudi Arabia, and also the interaction with international organizations and multilateral agencies.
He is currently a minister advising the royal court on international and local economic strategic matters.
In a virtual media meet, Al Tuwaijri pointed out that the world was going through many changes that had affected trade.
"The future of the world beyond coronavirus is mysterious, however, that post the pandemic era could bring "great opportunities," he added.-TradeArabia News Service
