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Trade

South Korea's trade minister announces bid to lead WTO

Amid Seoul-Tokyo export spat, Yoo vows to reform body under fire from Trump

South Korean Trade Minister Yoo Myung-hee said Wednesday she is running to be the next director general of the WTO. (Yonhap/Kyodo)

SEOUL -- South Korean Trade Minister Yoo Myung-hee on Wednesday announced her bid to lead the World Trade Organization, vowing to save the troubled body from mounting protectionism and attacks from U.S. President Donald Trump.

In launching her campaign to become director-general, Yoo said the organization was facing its biggest crisis since its establishment 25 years ago. Trump has said that the WTO has been too soft on China and has threatened several times to withdraw the U.S. from the body.

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