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.
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