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Egypt Calls on WTO to Adopt Development Issues in Developing Countries

Source: www.export-egypt.com 6/1/2024, Location: Africa

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Egypt’s Commercial Office in Geneva has called on the World Trade Organization (WTO) to adopt industrial development policies and comprehensive development issues in developing countries, particularly in Africa.

Minister Plenipotentiary for Trade and head of the Commercial Office Ahmed Maghawry delivered a speech during Egypt’s participation at the WTO meetings, underlining the need to focus on food security and limit negative environmental impacts resulting from trade.

He also underscored the need to support economic flexibility in developing countries to face global economic challenges through adopting effective policies to localize technology and fund trade in different countries, particularly in debt-affected ones.

Maghawry also called for pushing agricultural negotiations for strengthening comprehensive growth to realize the sustainable development goals and end poverty and famine, in addition to boosting industrialization, digitization and shifting to green economy policies.

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