Ladies and gentlemen,
Thank you very much for inviting me to address all of you today.
Since the end of the Second World War, nations have relied on a system of multilateral institutions and agreements to promote peace and equitable social and economic progress.
The World Trade Organization, along with its predecessor, the General Agreement on Tariffs and Trade, is an indispensable component of that system.
Trade is at the heart of international relations, and the WTO is at the heart of trade.