Türkiye, Iceland to chair talks as WTO members overcome impasse

Türkiye, Iceland to chair talks as WTO members overcome impasse

World Trade Organization (WTO) members have agreed to nominate Türkiye and Iceland to chair the continued negotiations geared toward figuring out the brand new international commerce guidelines for agriculture and fisheries, ending a monthslong deadlock, the watchdog’s chief confirmed Friday.

WTO chief Ngozi Okonjo-Iweala stated in a tweet that Iceland’s Ambassador Einar Gunnarsson was appointed as head of the talks meant to chop billions of {dollars} of fishing subsidies which are endangering fish shares. Türkiye’s Ambassador Alparslan Acarsoy will head the agriculture talks.

“Let’s get to work,” she added.

The deadlock attributable to infighting between nations has lasted round six months and was turning into a supply of frustration for nations and embarrassment for the 28-year-old international commerce watchdog.

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