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Gamea delivers Egypt’s speech at WTO MC12
13 June 2022  -  Sector :  -  Entity :  -  Category : Trade News

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Egypt is fully committed to bolstering the multilateral trading system in face of current global economic challenges.

Geneva- June 13, 2022

Heading the Egyptian delegation, Minister of Trade and Industry Nevine Gamea has given Egypt’s speech at the 12th Ministerial Conference (MC12) of the World Trade Organization, held in Geneva, Switzerland, on June 12-15.

“Egypt is fully committed to bolstering the multilateral trading system, especially in the face of current global economic challenges,” Gamea said, hailing the WTO’s key role in boosting international trade, developing value chains, and integrating developing and least-developed countries (LDCs) in the world economy.

She stressed the need to reach a balanced and mutually-acceptable outcomes that contribute to food security, provide access to vaccines and medical supplies, and serve the development needs of WTO members, and in particular developing countries and LDCs.

Gamea also reaffirmed the centrality of the development dimension in all WTO negotiations, in order for the trading system to be responsive to the needs and realities of developing and least-developed members.

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