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Paraguay President: Any multilateralism crisis can only be solved with more multilateralism

The President of Paraguay, Santiago Peña Palacios, stressed the critical role of the WTO in promoting peace and prosperity through free trade during his delivery on 31 January of the latest edition of the WTO Presidential Lecture. President Peña emphasized that, amid the current global challenges faced by the multilateral trading system, middle powers like Paraguay have a unique responsibility to act as bridge-builders and to foster dialogue and consensus. This will contribute to a more stable and cooperative international order, he said.
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