Kathmandu, October 23
Minister for Industry, Commerce and Supplies Matrika Prasad Yadav met Roberto Azevedo, Director General (DG) of the World Trade Organization (WTO) on Monday in Geneva, Switzerland.
A number of trade-related issues ranging from challenges of a multilateral trading system, state of trade negotiations at the WTO and the issues and concerns of LDCs, in general, were discussed during the meeting, said Nepal’s mission to the UN in Geneva.
The minister, who is in Geneva to attend the World Investment Forum (WIF) 2018, appreciated the Director General’s supportive role to LDCs. He asked the WTO to provide continued technical support to Nepal in enhancing trade-related capacity.
Referring to the global trade tension and impasse at the WTO negotiations, the Azevedo underscored the need for support of all members as every country has to suffer from WTO’s systemic failure. The DG also wished successful completion of second trade policy review of Nepal which is taking place in December this year.
