
Japan: Reforming WTO 'unavoidable' says Abe at G20 closer
Japanese Prime Minister Shinzo Abe said that reforming the World Trade Organisation (WTO) is "unavoidable", while speaking his final press conference at the G20 summit in Osaka on Saturday.
"There are concerns that post-war free-trading system may be wobbling. Against such concerns what we need now is to solidly build principles which would lead us to the future of economy: free, fair, non-discriminatory, an open market, level-playing field," added Prime Minister.
Abe also added: "We have the recent moves regarding globalisation, digitalisation, the WTO is not necessarily coping with such moves in recent times."
Leaders of 19 of the most influential countries in the world and the European Union met in Osaka on Friday and Saturday for the 14th Group of 20 summit to discuss climate change, free trade, and economic inequalities among other issues.

Japanese Prime Minister Shinzo Abe said that reforming the World Trade Organisation (WTO) is "unavoidable", while speaking his final press conference at the G20 summit in Osaka on Saturday.
"There are concerns that post-war free-trading system may be wobbling. Against such concerns what we need now is to solidly build principles which would lead us to the future of economy: free, fair, non-discriminatory, an open market, level-playing field," added Prime Minister.
Abe also added: "We have the recent moves regarding globalisation, digitalisation, the WTO is not necessarily coping with such moves in recent times."
Leaders of 19 of the most influential countries in the world and the European Union met in Osaka on Friday and Saturday for the 14th Group of 20 summit to discuss climate change, free trade, and economic inequalities among other issues.