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Wars, polls complicate WTO deal-making ahead of Abu Dhabi meeting, says trade body chief

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GENEVA — The head of the World Trade Organizati­on (WTO) warned on Friday that it could be difficult to strike deals at a major ministeria­l meeting later this month given a spate of upcoming elections, recessions and wars in Ukraine and Gaza.

Trade ministers gather for a meeting in Abu Dhabi from Feb. 26-29 where they will try to broker global trade agreements, including on reforming the 29-year-old body’s hobbled dispute system and cutting fishing subsidies.

“It’s going to be a bit tough because the conference is taking place at a difficult conjunctur­e,” WTO Director-General Ngozi OkonjoIwea­la told reporters in Geneva, describing negotiatin­g positions as far apart. “We are facing a lot headwinds, economic and political headwinds. You will understand it’s not going to be easy.”

However, she said she felt she thought some outcomes were still possible which might include the second part of a deal on cutting subsidies for fishing that are emptying the world’s oceans and a road map for agricultur­e talks.

One of the challenges is multiple elections this year, she said, in comments which included the United States’ November election where polls show former President Donald Trump leading.

“As you know elections do influence the way people negotiate,” she said.

During his presidency, Mr. Trump launched a trade war with China, blocked the WTO’s ability to adjudicate trade disputes and threatened to withdraw from the 164-member organizati­on.

Asked how the WTO would prepare for a possible return of Mr. Trump, Ms. OkonjoIwea­la said: “We will continue to strengthen ourselves... We will try to show why it is important to stay with WTO terms.”

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