Send To Friend
Gamea participates in Arab trade ministers’ preparatory meeting for WTO MC12
1 November 2021  -  Organization :  -  Sector/Entity :  -  Category : Trade News

Other Titles

Gamea has taken part - via video conference - in the Arab trade ministers’ preparatory meeting for the Twelfth WTO Ministerial Conference, to be held in Geneva on Nov 30.

Cairo- Nov 1, 2021

Minister of Trade and Industry Nevine Gamea has taken part - via video conference - in the preparatory meeting of Arab trade ministers for the Twelfth WTO Ministerial Conference (MC12), to be held in Geneva, Switzerland, from November 30 to December 3.

The meeting, hosted by Saudi Arabia, was chaired by Saudi Minister of Commerce and Investment Majid al-Qasabi, and WTO Deputy Director-General Angela Ellard.

“Egypt attaches great importance to enhancing the role of the WTO as a pillar of the multilateral global trading system,” Gamea said, noting that the government supports efforts of Arab countries as well as WTO members to reach tangible results regarding development and sustainability at MC12 next month.

She stressed the importance of concerted efforts by all member states to address the outstanding issues in the Doha Development Round, and to quickly reach decisions on the urgent matters imposed by the Covid-19 crisis.

Egypt, Gamea added, commends the tireless efforts aimed at reaching an agreement on the prohibition of certain forms of fisheries subsidies that contribute to overcapacity and over-fishing, without compromising the UN’s Sustainable Development Goals which aim to eradicate poverty and hunger.

The minister also highlighted the need to further strengthen the “special and differential treatment” provisions in all agreements in order to support the efforts of developing and least developed countries to achieve industrial development and economic diversification.

Add new comment
Comment body*
(0) Comment(s)