Tuesday, July 5, 2022

Italy calls for European approval of a candidate to head the World Trade Organization


Robert Frank
Robert started his career as a freelance content writer. Now, He is the founder of widely-recognized PR Agency. Robert still writes news pieces on various publications.

Italy has stressed the importance of Europeans agreeing to a candidate to head the World Trade Organization, to succeed Brazilian Roberto Azevedo, who will leave the office at the end of August, a year before the official date of the end of his term.

The Italian (AKI) news agency stated that the Undersecretary of the Ministry of Foreign Affairs Evan Scalfarrotto confirmed this during an informal meeting via the video service technique of the European Council for Foreign Trade.

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The Italian Foreign Ministry said in a note, that Skalvaruto, in his thanks to the Croatian Presidency of the European Union and Trade Commissioner Phil Hogan for their work, pointed out that the selection of the new Director-General of the World Trade Organization represents a key moment for the future of the organization, expressing his happiness that the member states have agreed on the importance of identifying a candidate. Those with high political level who are able to create the necessary consensus on the complex institutional reform process of the WTO.

The meeting of European trade ministers also discussed, according to the memo, the implications of the Coronavirus pandemic on trade, with a special focus on the European steel industry.

This epidemic has made our economies vulnerable, and for this reason, we must all make an effort in terms of ambitions, as we have to think about a new EU trade policy inspired by the principles of flexibility, equal opportunity,” Skalvarotto reminded.

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