President Boric and DG Okonjo-Iweala emphasized the important role that the WTO plays in improving people's lives and agreed that further WTO reform in support of this role is crucial. They reiterated that global cooperation and a predictable and stable international trading system are essential in tackling pressing issues, such as fisheries subsidies, climate change, health and the need for greater inclusivity and equality. Transparent trade rules will particularly benefit developing economies, women entrepreneurs and micro, small and medium-sized enterprises. President Boric was accompanied by Mr Alberto van Klaveren, Chile's Minister of Foreign Affairs.

Chile has been a WTO member since 1 January 1995 and a member of the WTO's predecessor, the General Agreement on Tariffs and Trade (GATT), since 16 March 1949.