WTO MC12 Day 1: Fishing subsidies to food crisis, here's what was discussed

The WTO chief acknowledged that the global trade body needs reform, adding that the road will be bumpy and rocky and 'there may be a few landmines'

The World Trade Organization's 12th ministerial conference (WTO MC12) kick-started on Sunday in Switzerland's Geneva with issues such as global food security in the backdrop of the Russia-Ukraine war, overfishing of the world's seas and pandemic preparedness on the agenda. 

Here's all that happened on Day 1 of the WTO ministerial conference:

WTO chief warns of bumpy and rocky road 

WTO Director-General Ngozi Okonjo-Iweala, before the opening of the 12th ministerial conference (MC), said that she hopes the meeting involving ministers from more than 120 countries yields progress toward reducing inequality and ensuring fair and free trade. 

Amid a shortage