⚠️ 'History Repeats Itself If We Don't Cooperate,' Warns Top Trade Leader
In an exclusive interview, World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala dropped a truth bomb: unilateral trade policies could lead to a modern-day economic catastrophe akin to the 1930s Great Depression. 🚨 'We’ve seen this movie before,' she said, urging nations to avoid repeating past mistakes through isolationism.
The WTO leader spotlighted China as a key player in keeping global trade fair and transparent, praising its 'consistent engagement' during policy reviews. 💡 'Dialogue isn’t optional—it’s survival,' she emphasized, calling for countries to resolve disputes through collaboration, not confrontation.
For developing nations, Okonjo-Iweala stressed that multilateralism is non-negotiable: 'When big economies work together, smaller ones don’t get left behind.' 🌍 Her message? The world’s economic future hinges on trust, transparency, and TikTok-level teamwork (minus the dance trends).
Reference(s):
cgtn.com