Geneva | The world’s top trade ministers on Friday approved a historic package of accords – including the reduction of fishery subsidies and a loosening of vaccine-production limits – after marathon talks that one-day earlier looked for many delegates to be destined for failure.

The agreements break the trade body’s seven-year negotiating drought and avert a damaging impasse for an organisation that has struggled to gain its footing after years of attacks under former president Donald Trump, a pandemic, strained supply chains and Russia’s war with Ukraine.

Bloomberg