WTO a ‘core part of building prosperity’ around the world: Assistant Trade Minister

Assistant Trade Minister Tim Ayres says the World Trade Organisation matters as a “global institution in rules-based order” and is a “core part of building prosperity” around the world. Trade and Tourism Minister Don Farrell and Tim Ayres are in Abu Dhabi leading Australia’s delegation to the 13th World Trade Organisation Ministerial Conference. “I think that is the largest point about the relevance of the World Trade Organisation,” Mr Ayres told Sky News Australia. “As there is conflict in too many places around the world, as there is more uncertainty in the global environment, global institutions really matter, and the World Trade Organisation, and trade between nations, is a core part of building prosperity around the world. “The World Trade Organisation matters in trade terms but it also matters as a global institution in the rules-based order. “There is a strong sense around the room of solidarity with the government of Ukraine who are represented here.”