**Saudi Official Pushes WTO Reform, Women's Role At G20**

CNAES

You need 2 min read

·

Post on Nov 01, 2024

57 visitor like this post

Share

Saudi Official Calls for WTO Reform, Highlights Women's Role at G20

Riyadh, Saudi Arabia - A high-ranking Saudi official has pushed for significant reform of the World Trade Organization (WTO) while emphasizing the critical role of women in the global economy during the recent G20 summit. The official, whose name was not disclosed, stressed the need for a more inclusive and equitable global trade system.

A Call for Change:

The official argued that the WTO, in its current form, is no longer equipped to handle the complex challenges of the 21st century. They pointed to the need for a more flexible and responsive approach to global trade, one that acknowledges the evolving needs of developing nations and emerging economies.

This call for reform comes at a crucial time for the WTO, which has been struggling to adapt to the rise of protectionism and trade disputes in recent years. The official's comments highlight the growing pressure on the organization to modernize and address concerns over its perceived lack of effectiveness.

Women's Powerhouse:

Beyond the need for WTO reform, the official also stressed the critical role of women in the global economy. They pointed to the increasing contribution of women to the workforce and their impact on economic growth. The official argued that empowering women through access to education, training, and opportunities is essential for achieving sustainable and inclusive development.

G20 Spotlight on Women's Empowerment:

The G20 summit, hosted by Saudi Arabia, focused on the theme of "Realizing Opportunities of the 21st Century for All." This theme resonated with the official's message about the importance of gender equality and women's economic empowerment. The Saudi government has made strides in recent years to promote women's participation in the workforce, and this focus on empowering women at the G20 was a clear reflection of that commitment.

Looking Forward:

The official's call for WTO reform and the emphasis on women's economic empowerment are critical steps towards building a more inclusive and equitable global economy. While the road to reform will likely be challenging, the G20 summit provided a platform for these important issues to be discussed and debated by global leaders.

The call for a more equitable and effective WTO is likely to resonate with many countries, especially those struggling with trade imbalances and unfair competition. The Saudi official's message serves as a reminder that achieving sustainable and inclusive development requires a collaborative effort that recognizes the value of all individuals, regardless of gender, ethnicity, or background.