Canada to host meeting on WTO reform, U.S. and China left out for now

OTTAWA (Reuters) - Canada plans to convene a meeting of trade ministers to discuss how to reform the troubled World Trade Organization but the United States and China will be left out for now, an official said on Friday. The WTO is facing an increasingly serious crisis amid complaints by U.S

Reuters July 28, 2018 00:06:27 IST
Canada to host meeting on WTO reform, U.S. and China left out for now

Canada to host meeting on WTO reform US and China left out for now

OTTAWA (Reuters) - Canada plans to convene a meeting of trade ministers to discuss how to reform the troubled World Trade Organization but the United States and China will be left out for now, an official said on Friday.

The WTO is facing an increasingly serious crisis amid complaints by U.S. President Donald Trump that the body is biased against the United States.

Joseph Pickerill, a spokesman for Canadian Trade Minister Jim Carr, said the meeting would take place in October in Ottawa and played down the suggestion Beijing and Washington were being snubbed.

"It's a working group of like-minded nations to act as a catalyst for action, for concrete proposals. The intent is to broaden that group once there are concrete proposals to discuss," he said by phone.

China and the United States are engaged in a trade war and envoys from the two nations clashed at the WTO on Thursday.

Carr wants the ministerial group to identify areas at the WTO that can be modernized, said Pickerill, adding that Canada has already put forward suggestions on e-commerce, investment protection and accelerating trade with developing nations.

The invitees are Australia, Brazil, Chile, the European Union, Japan, Kenya, Mexico, New Zealand, Norway, Singapore, South Korea and Switzerland.

The meeting was first reported by Bloomberg.

(Reporting by David Ljunggren; Editing by James Dalgleish)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

TAGS:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

Rich world could be close to normal by late 2021 if vaccine works, Bill Gates says
World

Rich world could be close to normal by late 2021 if vaccine works, Bill Gates says

By Guy Faulconbridge and Kate Holton LONDON (Reuters) - Rich countries could be back to close to normal by late 2021 if a COVID-19 vaccine works, is ready soon and distributed properly at scale, Microsoft founder Bill Gates said on Tuesday. "By late next year you can have things going back pretty close to normal - that's the best case," Gates, 64, told The Wall Street Journal CEO Council. "We still don't know whether these vaccines will succeed," Gates said.

Exclusive: Taliban, Afghan negotiators set ground rules to safeguard peace talks - sources
World

Exclusive: Taliban, Afghan negotiators set ground rules to safeguard peace talks - sources

By Rupam Jain (Reuters) - Taliban and Afghan government-backed negotiators have agreed on a broad code of conduct to advance the intra-Afghan peace talks in Qatar, even as key differences between the two warring sides remain, three official sources told Reuters on Tuesday.

Russian rights groups call for home raids to stop after journalist self-immolates
World

Russian rights groups call for home raids to stop after journalist self-immolates

MOSCOW (Reuters) - Russian rights groups on Tuesday called on the authorities to stop using home searches as a tactic to intimidate opponents after a journalist set herself on fire following a police raid of her apartment last week. Irina Slavina, editor-in-chief at a small news outlet in the city of Nizhny Novgorod, self-immolated in front of the local branch of the interior ministry in Nizhny Novgorod last Friday after blaming Russian authorities for her death in a Facebook post