ISLAMABAD: Pakistan on Thursday joined a group of 41 developing anddeveloped countries to support a multilateral trading system for globaleconomic stability, prosperity and development.
The rare block emerged in the wake of recent trade restrictive measures byUS President Donald Trump.
Pakistan’s Ambassador to World Trade Organisation (WTO) Dr Tauqir Shah saidthat the country has played a key role to put together this group insupport of a multilateral system.
He said Pakistan is the founding member of the global system and played animportant role in the past negotiations. “We will continue to play our partin promoting rules-based multilateral trading system,” Shah added. Themembers welcomed the marked recovery of world merchandise trade in 2017, towhich all regions contributed, and are encouraged by the WTO’s positiveforecast for the next two years.