WTO chief to step down a year early

WTO chief to step down a year early

The World Trade Organization’s chief Roberto Azevêdo has announced he is quitting more than a year before the end of his term.

He has served as director-general since September 2013 and will leave in August.

In a statement Azevêdo said the decision to step down was personal and the timing allowed for a successor to be chosen well before WTO council meetings next year.

“The WTO may not be perfect, but it is indispensable all the same. It is what keeps us from a world where the law of the jungle prevails, at least as far as trade is concerned,” he said.

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