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WTO NEWS: 2003 PRESS RELEASES
Press/366
21 November 2003
COHERENCE
Supachai welcomes support from Leaders of IMF and World Bank
WTO Director-General Supachai Panitchpakdi welcomed today the strong support shown by International Monetary Fund Managing Director Horst K鰄ler and World Bank President James D. Wolfensohn who sent a joint letter to global leaders encouraging them to redouble their efforts in advancing the Doha Development Agenda global trade talks.
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In their 11 November letter, Mr. K鰄ler and Mr. Wolfensohn urged Heads
of State and Government to consider both the potential benefits of a
successful outcome to the negotiations and the negative consequences of
continued stalemate.
揑 welcome the letter sent today by my colleagues, Horst K鰄ler and
James Wolfensohn, to all Heads of State and their economic Ministers,
urging them to engage and move forward again with the Doha Development
Agenda. I agree with them entirely on the importance of this issue and
on the potential ramifications for the global economy if we collectively
fail to advance the talks,?said Director-General Supachai. 揟he strong
show of support from Managing Director K鰄ler and President Wolfensohn
is another example of the close cooperation we have established between
our organizations. I join their call for our member governments to take
full advantage of the opportunities of more open trade and I appreciate
their offer to assist developing-country governments in managing the
risks associated with economic reform. Their initiative can make an
important contribution to the successful conclusion and implementation
of the Doha negotiations.?