Response to World Trade Organization Agreement by FedEx Express President and Chief Operating Officer, Michael L. Ducker
FedEx welcomes the WTO’s first multilateral trade agreement in its 19 year history. The Trade Facilitation deal reached in Bali will reduce red tape and make global trade simpler, more transparent and more predictable. It will help both developed and developing countries and it will add billions to global economic output. This is the kind of practical, commercially meaningful trade agreement that business needs more of from the WTO.