
The head of the Russian Ministry of Economic Development, Maxim Reshetnikov, said at a meeting of G20 trade ministers in Milwaukee that the World Trade Organization needs to be developed and preserved, expressing confidence that dialogue within the G20 will overcome the risks of fragmentation of international trade and maintain the effectiveness of the multilateral trading system based on WTO rules.
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The statement was made at a meeting of G20 trade ministers in Milwaukee, where issues of international trade and cooperation within the WTO are discussed.
The head of the Russian Ministry of Economic Development, Maxim Reshetnikov, believes that the World Trade Organization (WTO) needs to be developed and preserved.
Reshetnikov expressed confidence that dialogue within the G20 will overcome the risks of fragmentation of international trade and maintain the effectiveness of the multilateral trading system based on WTO rules.
MILWAUKEE (USA), October 1 – RIA Novosti. The World Trade Organization (WTO) needs to be developed and preserved, the head of the Russian Ministry of Economic Development, Maxim Reshetnikov, is convinced.
“From our point of view, we must, of course, now make efforts to develop, to preserve the World Trade Organization as a trading system,” he told reporters on the sidelines of a meeting of G20 trade ministers.

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Russian Economic Development Minister Maxim Reshetnikov said that the World Trade Organization has not collapsed, but has been stagnating since 2019 due to the US blocking of the appeal level dispute resolution system, but retains the potential for modification to new economic conditions.

Russian Minister of Economic Development Maxim Reshetnikov said at the G20 ministerial meeting in Milwaukee that not all topics proposed by the United States for discussion within the G20 enjoy the general support of the participants.

Maxim Reshetnikov, head of the Russian Ministry of Economic Development, said at a meeting of G20 trade ministers in Milwaukee that the American side is being practical in the dialogue on trade, noting active interaction with Russia’s main partners and the coincidence of approaches on most positions.

The head of the Ministry of Economic Development of the Russian Federation, Maxim Reshetnikov, said that at the meeting of trade ministers of the G20 countries in Milwaukee, all points of view are heard without much politicization, which he called a big plus.