-
ALSO READ
Informal meeting useful to carry forward WTO mandate: Azevedo India hosting mini-ministerial meet to break WTO impasse Informal WTO ministerial meeting begins; 52 nations participating Mini-ministerial meeting of key WTO members on Mar 19-20 WTO chief expresses concerns over increasing protectionism -
GENEVA (Reuters) - The head of the World Trade Organization called on Friday for restraint and urgent dialogue within the WTO system to stop trade frictions damaging the world economy, which he said was experiencing a fragile recovery.
"Actions taken outside these collective processes greatly increase the risk of escalation in a confrontation that will have no winners, and which could quickly lead to a less stable trading system," WTO Director-General Roberto Azevedo said in a statement.
"Disrupting trade flows will jeopardise the global economy at a time when economic recovery, though fragile, has been increasingly evident around the world. I again call for restraint and urgent dialogue as the best path forward to resolve these problems."
(Reporting by Tom Miles; Editing by Alison Williams)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
RECOMMENDED FOR YOU