Global trade climate has grown risky, says WTO chief Roberto Azevedo

The recent tussle between member-nations over the dispute settlement system at the multilateral body also has to be addressed

The global trading mechanism is facing significant challenges due to protectionism and other factors, said Roberto Azevêdo, director-general of the World Trade Organization (WTO).

“We are facing many challenges, in and outside. The trade environment globally is very risky,” he said here after an interactive session with India Inc leaders, organised by the Confederation of Indian Industry (CII). He is in Delhi to attend a mini-ministerial meet over two days.

The recent tussle between member-nations over the dispute settlement system (DSS) at the multilateral body also has to be addressed. “We have a DSS compromised by the blockage in the appointment of