Kremlin says WTO's existence will be in doubt if U.S. leaves

The Kremlin said on Wednesday that the existence of the World Trade Organisation (WTO) would be in serious doubt if major economies such as the United States left it, Reuters has reported.

“It is obvious that the existence of keystone international economic organisations (like the WTO) would be called into serious question after the exit of the biggest economies on earth,” Kremlin spokesman Dmitry Peskov told reporters.

The Kremlin made the comment in response to a question about U.S. media reports which said Trump had threatened on Tuesday to pull out of the WTO over what he described as the organisation’s unfair treatment of the United States.