The writer is EU commissioner for trade
Global trade has been a key driver of prosperity and poverty reduction over the past few decades and the World Trade Organization has been at the heart of this. Now, at a time of geopolitical tensions, political uncertainty and the growing weaponisation of trade, the value of multilateral co-operation within the WTO is greater than ever.
This new geopolitical reality requires a reformed WTO and is the reason the EU is leading efforts to update the rule book.
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