March 12, 2019 / 2:23 PM / 7 days ago

U.S. trade rep says WTO playbook is outdated, needs reforms

WASHINGTON, March 12 (Reuters) - The World Trade Organization is using an “out of date” playbook despite dramatic changes including the rise of China and the evolution of the internet, U.S. Trade Representative Robert Lighthizer said in testimony to Congress on Tuesday.

The “WTO is still largely operating under the same old playbook from the early 1990’s,” Lighthizer said. “It is now out of date.”

Lighthizer said the United States is nonetheless working “diligently” to negotiate new WTO rules to address these problems. (Reporting by David Lawder in Washington Writing by Chris Prentice Editing by Chizu Nomiyama)

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