Ngozi Okonjo-Iweala, Director-General of the World Trade Organization (WTO), has warned that the global trading system is facing the “worst disruptions in the past 80 years.”
Over a four-day meeting in Yaounde, WTO members are set to discuss strategies to revitalise the institution, which has been weakened by geopolitical tensions, stalled negotiations, and rising protectionism. The summit comes amid the ongoing war in the Middle East, which Okonjo-Iweala said poses a serious threat to international trade.
She added that these disruptions reflect broader upheavals shaking the international order established after World War II, designed to prevent a repeat of the global crises that marked the first half of the 20th century.
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