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OPINION

Geneva accord shows WTO has renewed clout

Oped, Ngozi Okonjo-Iweala, Published on 05/07/2022

» As a beautiful dawn crept over Lake Geneva on June 17, a remarkable thing happened at the World Trade Organization's headquarters. After nearly six days of negotiations at the WTO's 12th Ministerial Conference -- culminating in a marathon 48 hours of non-stop talks -- ministers and senior officials from the body's 164 member states adopted a historic package of agreements. The multilateral deals -- of a scale and scope that the WTO has not achieved since the mid-1990s -- will help people, businesses, and the planet.