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

Published on September 19, 2024 - 19:44 GMT

UAE provides first contribution to EIF Interim Facility to enhance LDC trade capacities

The UAE's contribution – its first to the EIF - will finance initiatives in LDCs aimed at strengthening trade capacities and facilitating these countries' integration into the global trading system. Discussions on establishing a new multilateral …

Distribution channels: Banking, Finance & Investment Industry

Published on September 18, 2024 - 18:53 GMT

WTO members move forward with SPS Agreement Sixth Review

At a meeting of the SPS Committee, members discussed the revised version of the background document, the draft report of the Sixth Review and the draft recommendations proposed by the WTO Secretariat, based on discussions held between members during the …

Distribution channels: Banking, Finance & Investment Industry

Published on September 18, 2024 - 14:01 GMT

WTO members discuss work programme on e-commerce post MC13 with a focus on development

Members discussed the proposals submitted by the Least-developed Countries Group in WT/GC/W/905/Rev.1, by the African, Caribbean and Pacific Countries Group in WT/GC/W/916 and by Cambodia in WT/GC/W/900. Members' discussions highlighted the importance …

Distribution channels: Banking, Finance & Investment Industry

Published on September 17, 2024 - 13:34 GMT

United Arab Emirates donates USD 1 million to WTO Fish Fund

DG Okonjo-Iweala said: "The generous contribution from the United Arab Emirates to the WTO Fish Fund is an important step towards supporting sustainable fishing practices globally. It will help fellow WTO members meet their obligations under the …

Distribution channels: Banking, Finance & Investment Industry

Published on September 16, 2024 - 17:00 GMT

Moot Court competition opens with webinar support on offer for participants

The competition is a simulated hearing under the rules of the WTO dispute settlement mechanism involving exchanges of written submissions and oral pleadings before panelists on international trade law issues. The competition is organized by the European …

Distribution channels: Banking, Finance & Investment Industry

Published on September 13, 2024 - 17:34 GMT

Steel industry execs cite critical role of trade and standards in achieving green goals

The executives expressed confidence that the steel industry is on the right path towards achieving their carbon reduction goals but underlined the importance of having supportive policies in place, including on trade and on common emissions measurement …

Distribution channels: Banking, Finance & Investment Industry

Published on September 13, 2024 - 17:34 GMT

2024 Public Forum concludes with a focus on the youth perspective

The panellists discussed the importance of reimagining trade through re-globalization and proposed concrete measures to create a more sustainable and inclusive global economy that can better serve future generations. Lili Vessereau from Harvard University …

Distribution channels: Banking, Finance & Investment Industry

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- …

Distribution channels: Banking, Finance & Investment Industry

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 …

Distribution channels:

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 …

Distribution channels: Banking, Finance & Investment Industry

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 …

Distribution channels: Banking, Finance & Investment Industry

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 …

Distribution channels:

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 …

Distribution channels: Banking, Finance & Investment Industry

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 …

Distribution channels: Banking, Finance & Investment Industry

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 …

Distribution channels: Banking, Finance & Investment Industry

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 …

Distribution channels: Banking, Finance & Investment Industry

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 …

Distribution channels: Banking, Finance & Investment Industry

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 …

Distribution channels: Banking, Finance & Investment Industry

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 …

Distribution channels: Banking, Finance & Investment Industry

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 …

Distribution channels: