Malmstrom: Should WTO collapse, there would be catastrophic consequences in economy
Publicat:The World Trade Organization (WTO) needs to be reformed urgently and needs to be strengthened, because at present it is incapable of making decisions, European Commissioner for Trade Cecilia Malmstrom said Thursday in Bucharest.
The European representative warned that should the WTO collapse, there would be catastrophic consequences in the economy. The EU must take a leading role in the reform of the WTO, Cecilia Malmstrom said.
The European official made these statements during a discussion session with the Romanian citizens, attended by the Romanian Minister for Business, Commerce…
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