Egyptian DG candidate: WTO approaching point of no return

World Trade Organization members are nearing a point at which they should begin to fear for the organization’s future, Egypt’s candidate for director-general Hamid Mamdouh said on Tuesday. Mamdouh, a lawyer with King & Spalding in Geneva and a former WTO director for the trade in services division, argued that the WTO “needs a different kind of leadership” to guide it through this time of “unprecedented crisis.” The last time countries came together for wholesale reform was the creation of...