World Trade Organization Press Releases - EIN Presswire - Press Release Distribution Service

Published on April 11, 2025 - 17:00 GMT

China gives USD 500,000 to support WTO-led training programmes for developing economies

Channelled through the WTO Global Trust Fund, China's contribution will help support developing economies in deepening their expertise on WTO issues and enhance their skillset to effectively negotiate and implement trade rules. Over the past 10 years …

Distribution channels: Banking, Finance & Investment Industry

Published on April 11, 2025 - 17:00 GMT

WTO members elect new chair for services negotiations

At the meeting, following the prior endorsement of his nomination by the General Council on 18 February 2025, Ambassador Abdulhamid was formally elected Chair of the CTS SS. Members took the floor to express their commitment to working with the new Chair …

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Published on April 11, 2025 - 17:00 GMT

Goods Council addresses trade concerns and future work, elects new Chair

Trade concerns The CTG reviewed 35 specific trade concerns (STCs), four of which were raised at the Council for the first time. The new trade concerns were (in alphabetical order): European Union – Proposal for a Regulation on Fluorinated Greenhouse Gases …

Distribution channels: Banking, Finance & Investment Industry

Published on April 11, 2025 - 17:00 GMT

Training course on trade in services concludes in Geneva for WTO acceding governments

The governments represented were Azerbaijan, Bahamas, Belarus, Bhutan, Curaçao, Ethiopia, Iran, Iraq, Libya, Somalia, Turkmenistan and Uzbekistan. Participants received training on the GATS disciplines, including how to create schedules of commitments, …

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Published on April 10, 2025 - 23:21 GMT

Marking 30th anniversary, the WTO reflects on historic achievements and future challenges

The Marrakesh Agreement Establishing the World Trade Organization was signed by 123 countries on 15 April 1994, leading to the birth of the WTO on 1 January 1995. Over the past 30 years, the WTO has helped to bring about a major expansion in global trade, …

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Published on April 10, 2025 - 15:44 GMT

Plastics Dialogue midpoint review charts path towards MC14

Guatemala expressed appreciation for the Dialogue’s progress on the workplan and signalled its readiness to contribute its domestic perspectives. Opening remarks were delivered by Ambassador Omar Zniber, from Morocco. Stressing trade’s role as a force for …

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Published on April 9, 2025 - 21:23 GMT

Statement by the Director-General on escalating trade tensions

“The escalating trade tensions between the United States and China pose a significant risk of a sharp contraction in bilateral trade. Our preliminary projections suggest that merchandise trade between these two economies could decrease by as much as 80%. …

Distribution channels: Banking, Finance & Investment Industry

Published on April 8, 2025 - 20:20 GMT

DDG Ellard: WTO a pillar of security and predictability amid global uncertainty

Addressing an audience of trade and investment professionals, DDG Ellard underscored the WTO’s importance in providing security and predictability for businesses worldwide. "The WTO has helped reduce the share of people living in extreme poverty from …

Distribution channels: Banking, Finance & Investment Industry

Published on April 8, 2025 - 13:05 GMT

Moldova formally accepts Agreement on Fisheries Subsidies

DG Okonjo-Iweala said: "I thank Moldova for joining the collective effort to bring this historic Agreement into force. This is a signal of Moldova's commitment to playing an active role in promoting ocean sustainability and safeguarding the …

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Published on April 8, 2025 - 13:05 GMT

China initiates WTO dispute regarding US “reciprocal tariffs”

China claims the measures are inconsistent with the United States' obligations under various provisions of the General Agreement on Tariffs and Trade (GATT) 1994, the Agreement on Customs Valuation, and the Agreement on Subsidies and Countervailing …

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Published on April 7, 2025 - 15:16 GMT

Canada initiates WTO dispute regarding US duties on automobiles and auto parts

Canada claims the measures are inconsistent with the United States' obligations under various provisions of the General Agreement on Tariffs and Trade (GATT) 1994. Further information is available in document WT/DS637/1 What is a request for …

Distribution channels: Banking, Finance & Investment Industry

Published on April 6, 2025 - 17:00 GMT

DDG Hill stresses trade’s role in innovation at IP and Innovation Researchers of Asia event

DDG Hill reflected on the symbolic timing of the negotiations of the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), which coincided with the release into the public domain of the World Wide Web, developed at the European …

Distribution channels: Banking, Finance & Investment Industry

Published on April 4, 2025 - 17:57 GMT

On 30th anniversary, officials highlight importance of WTO work on rules of origin

In her opening remarks to the anniversary event, Deputy Director-General Angela Ellard noted that the CRO, which first met exactly 30 years ago, was founded upon a clear vision: fostering international cooperation and facilitating trade through predictable …

Distribution channels: Banking, Finance & Investment Industry

Published on April 4, 2025 - 11:50 GMT

Statement from Dr. Ngozi Okonjo-Iweala, Director-General of the WTO

“The WTO Secretariat is closely monitoring and analysing the measures announced by the United States on April 2, 2025. Many members have reached out to us and we are actively engaging with them in response to their questions about the potential impact on …

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Published on April 3, 2025 - 17:00 GMT

Committee advances discussions on trade-related climate measures and technology transfer

Trade-related climate measures Members discussed two new proposals, namely the Republic of Korea's communication titled “Key Considerations for Trade-related Climate Measures (TrCMs): Suggested approaches toward a sustainable future” and the submission …

Distribution channels: Banking, Finance & Investment Industry

Published on April 3, 2025 - 14:28 GMT

Antigua and Barbuda formally accepts Agreement on Fisheries Subsidies

DG Okonjo-Iweala said: "By depositing its instrument of acceptance, the government of Antigua and Barbuda is signalling its strong commitment to safeguarding marine resources and the livelihoods of its people. Our oceans' resources are a vital …

Distribution channels: Banking, Finance & Investment Industry

Published on April 2, 2025 - 17:00 GMT

DDG Ellard calls for further acceptances of Fisheries Subsidies Agreement

Citing alarming data from the UN Food and Agriculture Organization (FAO) showing that 38% of global fish stocks are overexploited, DDG Ellard stressed that rebuilding stocks to sustainable levels could yield 16.5 million more tonnes of fish annually and …

Distribution channels: Banking, Finance & Investment Industry

Published on April 1, 2025 - 17:07 GMT

WTO members appoint new chair for agriculture negotiations

At a meeting of the Committee on Agriculture in special session, members gave the formal green light to the appointment of Ambassador Hussain following a swift consultation process. They expressed their willingness to work with the new chair to find common …

Distribution channels: Banking, Finance & Investment Industry

Published on March 28, 2025 - 17:00 GMT

Members discuss decarbonization, traceability, packaging, medical devices; address notifications

Thematic session: Traceability requirements for bulk agricultural commodities The session recognized that traceability systems are becoming an important tool to demonstrate that agricultural products meet sustainability standards and regulations. Speakers …

Distribution channels: Banking, Finance & Investment Industry

Published on March 27, 2025 - 19:52 GMT

Members stress importance of boosting LDCs’ participation in agricultural supply chains

LDCs' participation in agricultural supply chains The Centre for the Promotion of Imports from Developing Countries (CBI) outlined its current work in Burkina Faso, Ethiopia, Guinea and Senegal aimed at improving LDCs' agricultural export capacity …

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