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WTO approves package of trade agreements, prompting cheers from delegates

At one stage, a series of demands from India appeared set to paralyse talks but accommodations were found, trade sources said

Photo: Bloomberg
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Photo: Bloomberg

Reuters Geneva
The World Trade Organization's 164 members approved a series of trade agreements early on Friday that included commitments on fish and pledges on health and food security after more than five gruelling days of negotiations.

The deals were ground out over five days of bargaining at a conference of more than 100 trade ministers that was seen as a test of the ability of nations to strike multilateral trade deals amid geopolitical tensions heightened by the Ukraine war.

Delegates cheered after they passed the package of six agreements just before dawn on Friday.
 
Director-General Ngozi Okonjo-Iweala told them: "The package of agreements

(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.)