Pakistan to chair WTO committee on trade, development

Pakistan has been elected to Chair the World Trade Organisation (WTO) 2021 committee on trade and development (CTD).

In this regard, Adviser to Prime Minister on Commerce, Abdul Razak Dawood, in a tweet announced that the Ministry of Commerce is happy to share that Pakistan has been elected to chair the CTD this year.

He expanded that the CTD was “established in 1965 in GATT (now WTO) for the economic development of Developing Countries”

Article continues after this advertisement

Its inception came, in particular, to deal especially with issues related to the “Enabling Clause” to provide non-reciprocal trading preferences to developing countries, keeping in mind the Generalized System of Preferences, or GSP.

“Under Pakistan’s leadership, the CTD would strive to work for the expansion of trade & investment opportunities for Developing Countries,” he said.

- Advertisement -


Please enter your comment!
Please enter your name here

- Advertisement -

Must Read

Govt urged to deregulate fertiliser sector

ISLAMABAD: The fertiliser industry has called upon the government for a complete deregulation of the sector without gas subsidies or any other benefits because...