188/ DG Azevêdo and President Xi participate in opening ceremony of China International Import Expo
5 November 2019
Director-General Roberto Azevêdo joined Chinese President Xi Jinping and other world leaders at the opening ceremony of the second China International Import Expo, held in Shanghai from 5 to 10 November. The theme of this year’s fair is “Opening-up and Innovation for Win-win Co-operation”.
In his address to the gathering, DG Azevêdo said the Expo sent a clear message about the importance of imports.
“For decades, predictably open international markets have allowed countries and companies to specialize and devote more resources to what they do well. The result has been growth, development, and unprecedented reductions in poverty. Our economies have become closely intertwined: today around two-thirds of all exports contain imported components,” he underlined.
The Director-General warned that the ongoing trade tensions had become a major drag on investment and economic output, with data pointing to a sharp deceleration in global trade growth.
He urged governments to work together to define a credible path towards a more stable, more predictable trading system. Doing so would encourage investment, boosting growth and job creation.
“Only cooperation can break the vicious circle of uncertainty, underinvestment, and slow growth, and deliver pro-openness ‘win-win’ outcomes.” His full speech is available here.
The WTO is participating in the Expo, along with the United Nations Conference on Trade and Development and the United Nations Industrial Development Organization, at the invitation of the Government of China.
Source: wto.org
Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267