#WTO chief Roberto Azevedo to step down on August 31 before term expires

Geneva-based World Trade Organisation (WTO) on Thursday said its chief Roberto Azevedo will step down on August 31, a year before his term ends, on personal grounds. India is one of the founder members of this multi-lateral body, which frames rules for global exports and imports.
"At a virtual meeting of all WTO members, WTO Director-General Roberto Azevedo announced that he would step down on 31 August, cutting his second term short by exactly one year," the WTO said in a statement.