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.