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WTO Faces Reform Challenges Amid Trade Ministers' Summit

3/26/2026

Summary

Story summary

The World Trade Organization faces challenges as trade ministers gather in Cameroon to discuss reforms.
Ngozi Okonjo-Iweala, WTO Director-General, stressed transparency and trust, citing paralysis of the dispute settlement system and low subsidy notifications.
Officials warn that failure to reach an agreement could lead countries to establish trade rules outside the WTO.
South Korea's Trade Minister Yeo Han-Koo warned delaying the digital downloads moratorium would harm the WTO and economy.

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Story summary

The World Trade Organization faces challenges as trade ministers gather in Cameroon to discuss reforms.
Ngozi Okonjo-Iweala, WTO Director-General, stressed transparency and trust, citing paralysis of the dispute settlement system and low subsidy notifications.
Officials warn that failure to reach an agreement could lead countries to establish trade rules outside the WTO.
South Korea's Trade Minister Yeo Han-Koo warned delaying the digital downloads moratorium would harm the WTO and economy.