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

Published on September 12, 2024 - 21:47 GMT

Key role of WTO rules in furthering development objectives in focus at Public Forum

Nigeria's WTO Ambassador, Laouali Labo, said that Africa could highly benefit from the WTO agreements' special and differential treatment provisions to strengthen its digital trade footprint. Through tailored technical assistance and capacity- …

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Published on September 12, 2024 - 17:00 GMT

WTO, World Bank launch Trade in Services for Development Initiative at Public Forum

Taking part in the launch event were WTO Director-General Ngozi Okonjo-Iweala, Indermit Gill, Chief Economist and Vice President of the World Bank, Johanna Hill, WTO Deputy Director-General, Professor Richard Baldwin from the International Institute for …

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Published on September 12, 2024 - 17:00 GMT

WTO announces winner of 2024 Essay Award for Young Economists

Winning essay Carlos Góes's paper examines the mechanisms through which trade integration can lead to product innovation. "I explain how trade can induce countries and firms to introduce new products into the economy, thereby increasing economic …

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Published on September 12, 2024 - 17:00 GMT

DG Okonjo-Iweala discusses trade trends with shipping industry leaders at Public Forum

The Director-General emphasized the resilience of global trade despite the challenges posed by the COVID-19 pandemic, climate issues, inflation and geopolitical tensions. She acknowledged the industry's efforts to mitigate and navigate unexpected …

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Published on September 11, 2024 - 21:21 GMT

Harvard’s Jason Furman urges continued embrace of trade to further reduce global inequality

Jason Furman, Practice of Economic Policy Professor at Harvard University, emphasized that globalization over the past 25 years has significantly improved human welfare. Despite a global population increase of two billion, more than one billion people have …

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Published on September 11, 2024 - 21:21 GMT

WTO and ITC commence implementation of fund for women exporters, welcome first grant

DG Okonjo-Iweala said: "It brings me great joy today to launch the pilot phase of applications for the Women Exporters in the Digital Economy Fund. The WEIDE Fund represents a pivotal step forward in our collective journey towards gender equality in …

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Published on September 11, 2024 - 15:36 GMT

Indonesia launches safeguard investigation on polyethylene

In the notification Indonesia indicated, among other things, as follows: "POINT OF CONTACT FOR THE INVESTIGATION The contact information of the Investigating Authority for correspondence is: THE INDONESIAN SAFEGUARDS COMMITTEE Komite Pengamanan …

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Published on September 11, 2024 - 15:36 GMT

China initiates dispute complaint against Canadian surtax measures

China claims the measures at issue appear to be inconsistent with the most favoured nation principle enshrined in the General Agreement on Tariffs and Trade (GATT) 1994 and Canada's GATT schedule of customs duty concessions and commitments. Further …

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Published on September 11, 2024 - 10:49 GMT

30 years on: A call to action to restore economic cooperation at the WTO

By Anabel González, Vice President for Countries, Inter-American Development Bank BY INVITATION “Opportunity.” That was the word that Peter Sutherland, the first WTO Director-General, used to describe the creation of the new global framework to govern …

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Published on September 10, 2024 - 20:23 GMT

WTO Public Forum 2024 kicks off with record participation expected

2024 World Trade Report Getting the Public Forum underway, the launch of the World Trade Report 2024 titled "Trade and Inclusiveness: Making Trade Work for All" underlined WTO members' shared goal to ensure that trade benefits more economies …

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Published on September 10, 2024 - 15:36 GMT

DG Okonjo-Iweala meets Young Trade Leaders on eve of Public Forum, welcomes youth input

The eight Young Trade Leaders, hailing from six different continents, said they were delighted to be selected for the initiative and stressed their aim to advance a modern, inclusive agenda that meets the needs of young people today. The Director-General …

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Published on September 10, 2024 - 15:36 GMT

Trade and inclusiveness: How to make trade work for all

Making trade more inclusive is a key priority for WTO members. Their shared goal is to ensure that trade benefits more economies and more people, building on the vision articulated in the preamble of the WTO's founding Marrakesh Agreement. The 30th …

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Published on September 9, 2024 - 20:23 GMT

DDG Paugam calls for new approaches to promote action on trade and environment

Excellences, Ladies and Gentlemen, Dear friends, Thank you for the privilege to be here. It is always good to come here for one of the important discussions about trade and environment that are happening in Geneva. I want to dedicate these few minutes to …

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Published on September 9, 2024 - 20:23 GMT

DG Okonjo-Iweala mourns the passing of Peruvian Ambassador Ana Cecilia Gervasi

DG Okonjo-Iweala expressed her heartfelt condolences: “We are profoundly saddened by the loss of Ambassador Ana Cecilia Gervasi whose tireless work on my recent trip to Peru, 5-6 May 2024, made it such a success. Her hard work and dedication to the …

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Published on September 9, 2024 - 15:34 GMT

World Trade Report 2024 highlights trade’s role in supporting inclusiveness

“Perhaps the biggest takeaway from the report is its reaffirmation of trade's transformative role in reducing poverty and creating shared prosperity — contrary to the currently fashionable notion that trade, and institutions like the WTO, have not been …

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Published on September 9, 2024 - 15:34 GMT

Ireland gives EUR 720,000 to help developing economies increase participation in trading system

The programme, funded by France and Ireland, enables government officials from LDCs and small, vulnerable economies to undertake 10-month secondments in the Geneva-based missions of their respective economies. This involves participating in the WTO's …

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Published on September 4, 2024 - 14:55 GMT

Goods barometer rises above trend, signalling upturn in trade volume

The Goods Trade Barometer is a composite leading indicator for world trade, providing real-time information on the trajectory of merchandise trade relative to recent trends. Barometer values greater than 100 are associated with above-trend trade volumes …

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Published on September 4, 2024 - 14:55 GMT

Public Forum 2024 programme is now available

The 2024 Public Forum will explore how re-globalization through trade can lead to a better world. In particular, it will delve into how green policies, services, and digitalisation can contribute to this objective. Click here for more information. The …

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Published on August 30, 2024 - 09:52 GMT

DG Okonjo-Iweala welcomes Timor-Leste as 166th WTO member

Deputy Prime Minister Francisco Kalbuadi Lay of Timor-Leste handed to WTO Director-General Ngozi Okonjo-Iweala the instrument of acceptance of its Protocol of Accession at a meeting of the General Council on 22 July 2024. At the request of Timor-Leste, the …

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Published on August 23, 2024 - 13:47 GMT

Ireland gives EUR 200,000 to strengthen STDF projects for global food safety and trade

Thanking Ireland for its generosity, WTO Director-General Ngozi Okonjo-Iweala said: “Small-scale farmers and producers in developing and least-developed countries often face significant hurdles in accessing global food markets, particularly in meeting …

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