Translated by: MOS Translation Team – Laniakea
On October 11, before the G20 Trade Ministers’ Meeting hosted by Italy, British Trade Secretary Trevelyan released a statement urging G20 counterparts to end market-distorting practices and support reform of the World Trade Organization.
The announcement claimed, “We cannot, and will not, allow British businesses who play by the rules to be undermined and undercut by the market-distorting practices from other countries.” Trevelyan will continue to denounce “harmful and distorting” industrial subsidies, a criticism that her department has used to condemn the Chinese Communist Party (CCP). Communist China, as a member of the G20 and a powerful economic force of the world, has disproportionately benefited from WTO rules that treat it as a “developing economy.”
Last Friday, the Italian prime minister expressed his confidence in the G20 summit to achieve a strong commitment to reform the WTO.
Posted by: Xiequyuan