12:52 GMT +323 October 2018
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    WTO Director-General Calls on G20 Leaders to Respond to Trade Challenges

    © AFP 2018 / FRED DUFOUR
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    WTO Director-General called on the G20 leaders to give a credible response to challenges arising from global trade.

    MOSCOW (Sputnik) — World Trade Organization's (WTO) Director-General Roberto Azevedo called on the G20 leaders on Monday to give a credible response to challenges arising from global trade.

    "We need to clearly acknowledge that trade can cause dislocation and can create uncertainties in some sectors and communities. We need to respond in a targeted and credible manner — including by providing better education, better training and skills development, and adjustment support to the unemployed," Azevedo was quoted as saying in the organization's press release.

    To make global trade more inclusive and beneficent, he urged to encourage small and medium-sized enterprises and to avoid protectionism.

    The Group of Twenty (G20) summit was held on September 4-5 in China's city of Hangzhou.

    The G20 leaders pledged to ratify the Trade Facilitation Agreement by the end of 2016, agreed to set up a special task force to streamline innovation, expressed their desire to maintain close ties with the post-Brexit United Kingdom and vowed to strengthen their monetary and fiscal policies.

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    summit, trade, challenge, WTO, Roberto Azevedo
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