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Wang: WTO should play bigger role in global governance

By Cao Desheng | chinadaily.com.cn | Updated: 2019-01-25 11:24
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State Councilor and Foreign Minister Wang Yi shakes hands with Philippe Etienne, foreign policy advisor to the president of France, in Paris on Jan 24, 2019. [Photo/Foreign Minister of the People's Republic of China]

State Councilor and Foreign Minister Wang Yi has called for the World Trade Organization to play bigger role in global governance.

Wang made the statement at the 18th session of the consultations of the coordinators for the China-France Strategic Dialogue with Philippe Etienne, foreign policy advisor to the president of France, in Paris on Thursday.

Wang highlighted China's position in upholding multilateralism and the rules-based multilateral trading system with the WTO at the core.

Noting China supports for the reform of the WTO to increase its authority and efficiency, Wang said the core value and basic principles of the WTO as well as the direction of trade liberalization should remain unchanged.

The WTO reform should follow the practice of decision-making by consensus, and cannot be dictated by a few, nor decided by an exclusive small group of Members, he noted.

Wang called for safeguarding the special and differential treatment for developing members in the WTO reform, saying France should objectively treat China as a developing country.

Priority should be given to the resolution of the issue of Appellate Body member appointment blockage, he said.

During the talks, the French side reiterated its position in opposing unilateralism and upholding multilateral trading system. Wang Yi said China considers France's position of great importance.

China is willing to strengthen communications and cooperation with France and the European Union to jointly promote the multilateral trade system and push forward the WTO to play a bigger role in global governance.

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