Coronavirus will have a significant impact on trade (WTO)

UNITED STATES (OBSERVATORY NEWS) — World Trade Organization head Robert Azevedo said on Monday that he expects a “significant” impact of the coronavirus epidemic on the global economy, but plans for a June ministerial meeting are in force, a Geneva-based official said.

“The impact on the global economy is also likely to be significant and will begin to show up in trade data in the coming weeks,” Azeveda told heads of delegation at a private meeting in Geneva on Monday.

“With regard to the twelfth ministerial conference, we are moving forward as planned. If the situation requires it, we will take any necessary actions, ”he added, speaking about the June ministerial meeting in Kazakhstan.


This article is written and prepared by our foreign editors writing for OBSERVATORY NEWS from different countries around the world – material edited and published by OBSERVATORY staff in our newsroom.

Our Standards, Terms of Use: Standard Terms And Conditions.

Contact us: [email protected]

Stay connected with Observatory and Observatory Newsroom, also with our online services and never lost the breaking news stories happening around the world.