Trade minister leads WTO reform talks, discusses trade issues with member states at MC-14

Korean Trade Minister Yeo Han-koo led discussions on the World Trade Organization's (WTO) needed reform amid growing uncertainties in the global trade environment during the ongoing WTO ministerial conference in Cameroon, his office said Friday. Yeo chaired four sessions on WTO reform measures related to the organization's decision-making process, creation of a fair competition environment and others as the minister facilitator in discussions on WTO reform during the 14th WTO Ministerial Conference (MC-14), according to the Ministry of Trade, Industry and Resources. The conference, the WTO's highest decision-making body, kicked off Thursday (local time) for a four-day run in Yaounde, Cameroon, with the attendance of representatives from more than 160 member countries. The Korean delegation, led by Yeo, also facilitated discussions on WTO's adoption of the investment facilitation for development agreement (IFDA) as a co-chair of IFDA negotiations, seeking to change the stance of those who have been opposed to the agreement, such as India and Turkey, the ministry said. In his opening remar

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