We need to think on our feet and make the most of a new reality that’s likely to take shape in the sphere of global commerce Trade has never been free or fair.
Now, as the world reels under covid-19, it looks like worse is coming. In an un- expected announcement, Roberto Azevedo, Brazilian diplomat and director general (DG) of the World Trade Organization (WTO), said he is leaving the top job ahead of schedule.
This is the first time in the history of the relatively young WTO (which succeeded GATT, or the General Agreement on Tariffs and Trade) that a DG has resigned.
Azevedo’s departure is a major blow, the gravity of which is slowly surfacing. “I will not be the leader with whom you will chart and walk the strategic path ahead," the