00:00In spite of these disruptions, the system is remaining resilient, so prior to the tariffs
00:25from the US, 80% of world trade was on WTO's most favoured nation terms.
00:33After the tariffs, yes, the system has been impacted, but 72% of world trade is still on
00:39WTO terms.
00:40So there's resilience in the system, but obviously there's room for improvement, for reforms
00:47to further strengthen the system, and I believe these reforms have to be done by WTO members.
00:55China has been a strong supporter of the multilateral trading system, and at the WTO, we are pleased
01:10that China supports the system.
01:11China made an important decision to withdraw from access to special and differential treatment.
01:19They have decided to withdraw in future agreements, and I think this is excellent.
01:24It sets a good example.
01:26But we need reform at the WTO, and we will need China to support very strongly these reforms.
01:33The indication we have from China is that it is very supportive.
01:36They choses to look at a lot of Law on the better operate all the time from China to helpräctress the
01:50Ukraine from Techn.
01:51Yeah.
01:51What was that, theângurop in China.
01:56By this way, on theully strong המ� unraveled run by the law board.
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