REUTERS: WTO Losing Focus, Must Rethink Development: U.S. Trade Chief




December 11, 2017 | By: LUC COHEN

BUENOS AIRES (Reuters) – U.S. President Donald Trump’s trade chief said on Monday that the World Trade Organization is losing its focus on trade negotiations in favor of litigation and needed to rethink how it defines developing economies.

Setting a combative tone at the start of the WTO’s 11th ministerial meeting in Buenos Aires, U.S. Trade Representative Robert Lighthizer complained that too many countries were not following WTO rules and too many wealthier members had been given unfair exemptions as developing countries.

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