A quick journey through the history of the multilateral trading system! #HistoryofTrade #ThrowbackThursday | World Trade Organization - WTO

🐟 Get ready for a historic achievement! On 15 September, WTO members will mark the entry into force of the Agreement on #FisheriesSubsidies, the first WTO multilateral agreement with environmental sustainability at its core. 🔗https://bit.ly/2W9twVw | World Trade Organization - WTO

As China and the U.S. hold in-depth trade talks in Madrid, WTO Deputy Director-General Zhang Xiangchen tells me that constructive dialogue between the world's two largest economies is key to stabilizing global tensions. He stresses that smaller nations must not be overlooked: "If elephants fight, the grass will suffer." Upholding the WTO's non-discrimination principle, he adds, is essential to protecting vulnerable members and sustaining the multilateral system. #WTOPublicForum #FutureOfTrade |