In Davos, WTO members seek 'significant' reform progress by June G20 meeting

Trade ministers meeting in Davos, Switzerland, this week said they want to make “significant progress” on World Trade Organization reform before a June G20 meeting in Japan. “We note with concern the sharp rise in trade restrictive measures over the past year and encourage all Members to exercise restraint,” a group of “like-minded” countries, led by Canada, said in its official communiqué on Friday. “Building on the recent statement by the leaders of the G20 on the need for WTO...