Russia ready to foster constructive cooperate with new WTO chief: Minister

Russia is prepared to foster constructive cooperation with Ngozi Okonjo-Iweala, the newly-appointed director-general of the World Trade Organization (WTO), Economic Development Minister Maxim Reshetnikov said.

“We intend to cooperate constructively with the new director-general, assist her in improving the organization for the benefit of its members, and seek to enhance the efficiency of regular and negotiating work within the WTO,” Reshetnikov said in a statement published by his ministry on Tuesday, Xinhua news agency reported.

Okonjo-Iweala’s extensive professional experience and strong international standing will help her solve the urgent challenges facing the WTO and strengthen the role of the organization in the multilateral trading system, he added.

WTO members on Monday agreed by consensus to appoint Nigeria’s Okonjo-Iweala as the organization’s seventh director-general.

After taking office on March 1, Okonjo-Iweala will become the first woman and the first African to serve as the chief of the 26-year-old global trade body.



(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Lohit Soundarajan

Founder , Editor Tech Guy #Voxguy

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button