Incoming WTO director to restore credibility

GENEVA (Trinidad Guardian) —The incoming head of the World Trade Organisation says his first priority will be to try to rescue its credibility as a forum for trade negotiations. Brazilian Ambassador Roberto Azevedo told a packed room of reporters at Brazils WTO mission Wednesday that “the negotiating pillar of the WTO is clearly stuck.” At the WTO, diplomats and officials congratulated Azevedo on his selection as WTO director general for the next four years.
Azevedo also said it was important to close “the gap” between the WTOs rules and how things really are between trading nations. Azevedo is to take over the organisation on September 1 from Pascal Lamy of France, who has been the director general for eight years. (Full article)