Prime Minister Lawrence Wong at a session of the Apec Economic Leaders’ Meeting in Gyeongju, South Korea, on Oct 31. -- PHOTO: MDDI - The Straits Times/ANN
GYEONGJU, South Korea (The Straits Times/ANN): The collective leadership of Apec’s 21 economies is needed to reform and strengthen the World Trade Organisation (WTO) so that it stays effective and relevant, Prime Minister Lawrence Wong said at the annual Asia-Pacific Economic Cooperation (Apec) summit.
While the WTO is not perfect, countries should not seek to abandon the trade body, but rather to improve it, he said on Oct 31 at a session of the Apec Economic Leaders’ Meeting (AELM), which runs from Oct 31 to Nov 1 in Gyeongju, South Korea.
