Russia’s Putin: Attempts to destroy WTO or lower its role counter-productive

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Russian President Vladimir Putin arrives at Kansai international airport ahead of the start of G20 leaders summit in Izumisano, Osaka prefecture, Japan
Russian President Vladimir Putin arrives at Kansai international airport ahead of the start of G20 leaders summit in Izumisano, Osaka prefecture, Japan, June 28, 2019. G20 Osaka Summit Photo/Handout via Reuters

June 28, 2019

OSAKA (Reuters) – Russian President Vladimir Putin said on Friday that attempts to lower the role of the World Trade Organisation (WTO) or to destroy it are counter-productive.

“This is clear that it (global trade) needs to be adopted to the present-day developments… We consider counter-productive any attempts to destroy WTO or to lower its role,” Putin said at a meeting of leaders from the BRICs countries on the sidelines of the G20 summit in Osaka, Japan.

He added that the current situation in the global economy was worrying as global trade was feeling the effect of “protectionism, (and) politically motivated restrictions.”

(Reporting by Katya Golubkova in OSAKA and Maria Vasilyeva in MOSCOW; Editing by Chang-Ran Kim)

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