WTO Chief calls for reform of consensus rule amid trade disruption

WTO Director-General Ngozi Okonjo-Iweala says the global trading system was undergoing the biggest disruption in eight decades. - REUTERS/Filepic
THE head of the World Trade Organization (WTO) on Tuesday called for reforms of the 30-year-old institution, highlighting its consensus rule that requires unanimous agreement among members to secure global trade deals.
AI Brief
- WTO Director-General calls for reform, especially to its consensus-based decision-making that slows progress.
- She acknowledges US criticisms as valid, urging member nations to engage constructively with Washington.
- Despite global trade disruptions, most goods still move under WTO rules, showing the system remains resilient.
"We need to reform some of the ways we do business like our consensus decision-making system which is practised as unanimity - everyone has to agree - so it really slows down decision making," she said.
She also urged the WTO's 166 members to engage with the United States on its criticisms of the watchdog, many of which she acknowledged as valid.
Okonjo-Iweala repeated that the global trading system was undergoing the biggest disruption in eight decades, describing it as "battered but not broken".
She hailed the fact that more of its members had not resorted to retaliatory measures in the face of U.S. President Donald Trump's tariffs on trading partners.
"The fact that almost three-quarters of world goods trade is still going on on WTO terms is amazing," she said.
Must-Watch Video
Stay updated with our news


