Hey there, global citizens! 🌍 The 13th Ministerial Conference of the World Trade Organization (WTO) just wrapped up in the vibrant city of Abu Dhabi, and there's some exciting news to share!
China stepped up in a big way at this conference. Led by Chinese Minister of Commerce Wang Wentao, the Chinese delegation dived into talks, actively promoting cooperation and engaging in all consultations. Their efforts didn't go unnoticed! 🙌
WTO Director-General Ngozi Okonjo-Iweala praised China's constructive participation, highlighting how it showcased support for the multilateral trading system. \"China has participated constructively in the entire agenda,\" she said, emphasizing the positive vibes China brought to the table.
Thani bin Ahmed Al Zeyoudi, the UAE's Minister of State for Foreign Trade and Chair of the conference, also gave a shout-out to China. He noted that the Chinese delegation's active participation contributed significantly to the conference's success. Way to go! 🎉
But what's in it for us? Well, the WTO members adopted the Abu Dhabi Ministerial Declaration, committing to strengthening the multilateral trading system and pushing forward with WTO reforms. This means more cooperation and better trade relations globally! 🌐
The declaration also emphasizes achieving the United Nations 2030 Agenda for Sustainable Development. So, we're not just talking trade—it's about sustainable growth and a better future for everyone. 🌱
Plus, there's a win for the digital world! The conference extended the temporary tariff exemption on e-commerce data transmissions for another two years. That's good news for online businesses and digital innovators everywhere. 💻
All in all, the conference was a step forward in bringing countries and regions together for a stronger, more connected global economy. And with China's active role, the future of international trade looks brighter than ever. ✨
Stay tuned for more updates on global happenings!
Reference(s):
WTO chief hails China's support of multilateral trading system
cgtn.com
