WTO's big conference postponed due to new Covid variant – NewsBreak

Next week’s World Trade Organization ministerial conference, the global trade body’s biggest gathering in four years, was postponed at the last minute Friday due to the new Omicron Covid-19 variant. The WTO hoped the four-day gathering in Geneva would breathe new life into the crippled organisation, which has been stuck for years trying to make progress on resolving issues like fishery subsidies. New director-general Ngozi Okonjo-Iweala was also hoping, against the odds, to make progress towards a deal on lifting Covid vaccine patents, proving the WTO had a relevant role to play in combating the pandemic. But the conference was…