UK Trade Secretary Calls on WTO to Address Unfair Trade Practices

The World Trade Organization must do more to address unfair trade practices, including trade advantages arising from industrial subsidies, state-owned companies and forced technology transfers, United Kingdom Trade Secretary Liz Truss told the WTO, according to a March 3 news release. To do this, WTO members should “update the WTO rulebook” and develop rules for developing countries to “trade their way to prosperity.” She added that more WTO members must advocate for “working together, not protectionism,” and said, as an independent member of the WTO, the U.K. will push for “liberalisation in trade.”