Follow Us on Google News
ISLAMABAD: The adviser to Prime Minister Imran Khan on Commerce, Abdul Razak Dawood has informed that the country has been elected to Chair the World Trade Organization (WTO) 2021 committee on trade and development (CTD).
On a social media website Twitter, the advisor said the Ministry of Commerce is happy to share that Pakistan has been elected to chair the CTD this year.
He said that the CTD was “established in 1965 in GATT (now WTO) for the economic development of Developing Countries”
Its inception came; in particular, to deal especially with issues related to the “Enabling Clause” to provide non-reciprocal trading preferences to developing countries, keeping in mind the Generalized System of Preferences, or GSP.
“Under Pakistan’s leadership, the CTD would strive to work for the expansion of trade & investment opportunities for Developing Countries,” he added.
https://twitter.com/razak_dawood/status/1367754039132262400
The Committee on Trade and Development (CTD) serves as a focal point for the consideration and coordination of work on the development in WTO. It considers a broad range of issues relating to the trade of developing countries.