WTO warns of escalating trade tension
(VOVWORLD) - Forty-one members of the World Trade Organization issued a joint statement on Tuesday expressing concerns over rising trade tensions and risks of escalating protectionism.
 An aluminum factory in Khacassia, East Siberia, Russia (Photo: AFP/VNA) |
The statement, delivered to a meeting of the WTO’s General Council, calls on governments to resolve their differences through dialogue and cooperation, including through the WTO. It also urged WTO members to refrain from protectionist measures and to avoid risks of escalation.