WTO Chief Advocates for Reglobalized Supply Chains to Reduce Risks.
WTO Director-General Ngozi Okonjo-Iweala has called for diversification in global supply chains to reduce the risk of bottlenecks and build resilience. She suggested that developing countries could benefit from diversification, which would boost their economic growth and meet global supply requirements. Okonjo-Iweala also emphasized the need for "reglobalization" to situate diversifying industries in these countries. The WTO is also working on reforming its global trade dispute settlement system, the Appellate Body, with the goal of having a fully functioning system by 2024.