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WTO celebrates 30 years amid threats to free trade and challenges in adapting to modern issues.
The World Trade Organization (WTO) marks its 30th anniversary amid challenges to free trade and multilateralism.
Despite facilitating global economic growth and reducing trade barriers, the WTO faces threats from rising protectionism and the paralysis of its Appellate Body since 2019.
Developing countries' share of global trade has increased from 25% to 44%, with China as a prime beneficiary since joining in 2001.
The WTO must adapt to address issues like digital trade and climate change to maintain global economic stability and growth.
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La OMC celebra 30 años en medio de las amenazas al libre comercio y los desafíos para adaptarse a las cuestiones modernas.