PRESS/27
23October 1995
STATEMENT BYRENATO RUGGIERO ONTHE "QUAD" MEETING
Commenting thismorning ontheresults ofthe"quadrilateral" trade meeting heldoverthe
weekend inRipley, England, MrRenato Ruggiero, Director-General oftheWorld Trade Organization,
said:
"Iverymuch welcome thereconfirmed commitment bytheMinisters oftheworld 'sfourlargest
trading entities totheWorld Trade Organization. Iespecially appreciate theforward-looking
nature oftheconcluding statement. Notonlydiditprovide support forcurrent negotiations,
particularly thatontelecommunications, butlooked ahead toanambitious firstWTO Ministerial
Meeting nextyearinSingapore. Thestatement reflected ashared viewthatnewissues have
nowtobeconsidered forinclusion inthecontinuing development andstrengthening ofthe
multilateral trading system.
"AstheMinisters point out,there isavitalandurgent need tobroaden support forthe
multilateral system andtrade liberalization. Atthesame time, Iwelcome theconcept ofa
newWTO bodytohelpensure thatregional trade initiatives contribute to,rather thandetract
from, efforts atthemultilateral level."
Note:
The"Quadrilateral" or"Quad" meetings bring together tradeministers fromtheUnited States,
Japan, Canada andtheCommission oftheEuropean Union.
95-3239 END