The head of the World Trade Organization (WTO) is expected to step down from his post on Thursday.&nbsp; Roberto Azevêdo&nbsp;has scheduled a meeting a virtual meeting on Thursday afternoon, to inform national members that he will be leaving his office in September, a year before the actual term end date.

He has been Director-General at the Geneva-based trade body since 2013 and was on a second term of office.

The heads of delegations of the WTO&nbsp;were called to a special meeting to be held at 4 p.m. (1400 GMT)&nbsp;to inform them about "pressing WTO administrative issues".

<a href="https://www.wionews.com/world/donald-trumps-approval-rating-dips-currently-trails-behind-biden-polls-298359">Also read:&nbsp;Donald Trump's approval rating dips, currently trails behind Biden: Polls</a>

It is being speculated that the decision has been made following the constant verbal attacks at the trade body by the US President Donald Trump's government. President Trump recently blamed it for allowing China to practise unfair trade.&nbsp;Last year too,the appellate body, the highest authority in the organisation’s dispute settlement process, ceased to function after the US blocked the appointment of new judges to replace two who retired.

There has been no news of Azevêdo replacement yet. It is believed that the process of finding a replacement for the chair might take more than few months, and could stretch out till next year.

The WTO has reserved any comments till the end of this meeting.

(With inputs from Reuters)

The head of the World Trade Organization (WTO) is expected to step down from his post on Thursday. Roberto Azevêdo has scheduled a meeting a virtual meeting on Thursday afternoon, to inform national members that he will be leaving his office in September, a year before the actual term end date.

The head of the World Trade Organization (WTO) is expected to step down from his post on Thursday. Roberto Azevêdo has scheduled a meeting a virtual meeting on Thursday afternoon, to inform national members that he will be leaving his office in September, a year before the actual term end date. He has been Director-General at the Geneva-based trade body since 2013 and was on a second term of office. The heads of delegations of the WTO were called to a special meeting to be held at 4 p.m. (1400 GMT) to inform them about "pressing WTO administrative issues". Also read: Donald Trump's approval rating dips, currently trails behind Biden: Polls It is being speculated that the decision has been made following the constant verbal attacks at the trade body by the US President Donald Trump's government. President Trump recently blamed it for allowing China to practise unfair trade. Last year too,the appellate body, the highest authority in the organisation’s dispute settlement process, ceased to function after the US blocked the appointment of new judges to replace two who retired. There has been no news of Azevêdo replacement yet. It is believed that the process of finding a replacement for the chair might take more than few months, and could stretch out till next year. The WTO has reserved any comments till the end of this meeting. (With inputs from Reuters)

World Trade Organization Chief to resign in a virtual meeting

The World Trade Organisation`s ministerial meeting that opened on December 10 in the Argentine capital will seek consensus in reducing subsidies to fisheries and the agricultural sector, among other issues.

Nevertheless, little progress is expected to be made due to unwillingness by the United States to reach agreements, some experts have noted.

US Rep. Robert Lighthizer will have the task of defending President Donald Trump`s agenda based on the motto &quot;America First.&quot;

Experts believe the meeting, which will run until Wednesday, will be a success if a &quot;clear and forceful&quot; statement on the need to boost the development of the global trading system is achieved.

The US has denied it wants to weaken the WTO, although Lighthizer had strong criticism against the rulings of the entity. In September he called for reforms to what he called a &quot;deficient&quot; system of dispute resolution.

Officials gathered in Buenos Aires, believe that during the meeting a political commitment could be signed to limit subsidies to those who have carried out illegal fishing, in order to combat overexploitation.

Representatives of the Mercosur regional bloc, made up of Brazil, Argentina, Uruguay and Paraguay, are expected to meet with their European Union counterparts to advance a trade agreement that could be announced in the coming days in Buenos Aires.

The eleventh WTO Ministerial Conference, consisting of 164 nations, is the first to be held in South America.

The meeting opened amidst a major security operation to avoid protests in Buenos Aires, which included the deportation of activists. Nevertheless, hundreds of protesters marched along main avenues in Buenos Aires. WTO meetings often attract protests by anti-globalisation groups, but they have remained largely peaceful since riots broke out at the 1999 meeting in Seattle.

Argentina`s President Mauricio Macri has promoted business-friendly policies since taking office in December 2015, and Argentina will host global events as chair of the G20 group of major economies next year.&nbsp;

The World Trade Organisation`s ministerial meeting that opened on December 10 in the Argentine capital will seek consensus in reducing subsidies to fisheries and the agricultural sector, among other issues. Nevertheless, little progress is expected to be made due to unwillingness by the US

The World Trade Organisation`s ministerial meeting that opened on December 10 in the Argentine capital will seek consensus in reducing subsidies to fisheries and the agricultural sector, among other issues. Nevertheless, little progress is expected to be made due to unwillingness by the United States to reach agreements, some experts have noted. US Rep. Robert Lighthizer will have the task of defending President Donald Trump`s agenda based on the motto "America First." Experts believe the meeting, which will run until Wednesday, will be a success if a "clear and forceful" statement on the need to boost the development of the global trading system is achieved. The US has denied it wants to weaken the WTO, although Lighthizer had strong criticism against the rulings of the entity. In September he called for reforms to what he called a "deficient" system of dispute resolution. Officials gathered in Buenos Aires, believe that during the meeting a political commitment could be signed to limit subsidies to those who have carried out illegal fishing, in order to combat overexploitation. Representatives of the Mercosur regional bloc, made up of Brazil, Argentina, Uruguay and Paraguay, are expected to meet with their European Union counterparts to advance a trade agreement that could be announced in the coming days in Buenos Aires. The eleventh WTO Ministerial Conference, consisting of 164 nations, is the first to be held in South America. The meeting opened amidst a major security operation to avoid protests in Buenos Aires, which included the deportation of activists. Nevertheless, hundreds of protesters marched along main avenues in Buenos Aires. WTO meetings often attract protests by anti-globalisation groups, but they have remained largely peaceful since riots broke out at the 1999 meeting in Seattle. Argentina`s President Mauricio Macri has promoted business-friendly policies since taking office in December 2015, and Argentina will host global events as chair of the G20 group of major economies next year.

World Trade Organisation in Argentina seeks to advance deals, despite US resistance

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World Trade Organization Chief to resign in a virtual meeting

World Trade Organisation in Argentina seeks to advance deals, despite US resistance