Grassley on WTO Reform

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Grassley on WTO Reform

The following press release was published by the United States Committee on Finance Ranking Member’s News on July 28, 2020. It is reproduced in full below.

I’ve said this before and I will say it again: the U.S. must reaffirm its commitment to significant reform at the WTO and move to revitalize the organization that advances the cause of free and fair global trade in the modern economy.

It is imperative that we continue to double down on efforts that demonstrate U.S. leadership in Geneva, including efforts to reform the appellate body, work on subsidies and ongoing negotiations.

The WTO can and should play an important role in the global economic recovery from the pandemic. I urge the Administration and my colleagues to advocate for our interests, confront trade distortions and encourage all WTO members to unite in the effort to lift us out of this nearly unprecedented downturn.

Source: Ranking Member’s News

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