Brazil claims the measures are inconsistent with the United States' obligations under various provisions of the General Agreement on Tariffs and Trade (GATT) 1994 and the Dispute Settlement Understanding (DSU) by seeking redress through tariff measures …
A surge of imports in the United States in the first quarter ahead of widely anticipated tariff hikes contributed to the upward revision to the forecast for 2025 issued in the April Global Trade Outlook and Statistics report. Increased tariffs—including …
In an opening message, Director-General Ngozi Okonjo-Iweala says: “Thirty years ago, the Uruguay Round agreements transformed the General Agreement on Tariffs and Trade into the WTO. … Since its creation, open and predictable international markets anchored …
DG Okonjo-Iweala said: "Through the Agreement on Fisheries Subsidies, WTO members are coming together to invest in a sustainable future for our oceans. I am very grateful to Sri Lanka for its ratification, which paves the way for an imminent entry …
"It was great to engage with the Representatives, to understand better the concerns of their constituents, and to brief them on the challenges and opportunities facing the organization and global trade," DG Okonjo-Iweala said. "The dialogue …
The Forum will have 77 sessions focusing on how digital advancements are redefining the international trading system and enhancing global connectivity, innovation and cooperation. The sessions will be organised by civil society (37 % of the sessions), WTO …
The notification indicated, among other things, as follows: "Interested parties must make themselves known within a period of 20 days after the initiation of the investigation. Any information that the interested parties may wish to submit in writing …
Services exports in Europe and North America increased by only 3% year-on-year in the first quarter of 2025, down from 8% and 11% respectively in the first quarter of 2024. In contrast, strong growth was sustained in Asia at 9%. The overall slowdown in …
By Marc Auboin, Eddy Bekkers, Ralph Ossa and Donal Smith Trade imbalances have long been a concern for policymakers, prompting calls for corrective trade measures. Recent tariff actions – framed in part as efforts to reduce bilateral deficits – fit this …
Ms. Nordquist is currently Counselor of the Council of Economic Advisers at the White House. Her previous roles have included Executive Vice President of the Economic Innovation Group; Senior Advisor at the Center for Strategic and International Studies; …
Ambassador Ølberg, who was appointed by General Council Chair Ambassador Saqer Abdullah Almoqbel (Kingdom of Saudi Arabia) in early June to serve as facilitator for the reform discussions, noted that he has conducted two rounds of consultation involving …
WTO Director-General Ngozi Okonjo-Iweala welcomed Canada's donation: "Compliance with international standards enhances food security in both importing and exporting countries by facilitating trade in agricultural products. The long-term impact of …
DG Okonjo-Iweala said: “I warmly welcome Argentina's formal acceptance of the WTO Agreement on Fisheries Subsidies. As one of the world's leading fishing nations and exporters, Argentina's commitment underscores this Agreement's importance …
This is the second appeal arbitration conducted under the Multi-Party Interim Appeal Arbitration Arrangement (MPIA) to which both China and the European Union are participants. Summary of key findings Download: In pdf format: What is the MPIA? The MPIA …
Ambassador Nadia Theodore of Canada, a co-convener of TESSD, welcomed the “important strides” made by the four working groups — each focused on a different key theme outlined above . As work intensifies in the lead-up to MC14, she noted: “It is useful to …
Over the past 10 years, the Global Trust Fund has covered on average 50 per cent of the costs allocated to trade-related training activities designed for government officials from developing economies. Services, agriculture and trade facilitation are among …
Members welcomed the election of Ambassador Eheth, who succeeded Ambassador Raimondas Ališauskas of Lithuania, and expressed appreciation for the outgoing Chair's leadership over the past year in advancing the Group's work. In his opening remarks, …
The new tariffs announced by the United States on 2 April at the start of the second quarter were widely anticipated, allowing importers to move purchases forward to avoid paying higher duties at a later date. Trade volume growth in the first quarter was …
In her report to the TNC, DG Okonjo-Iweala noted that despite rising trade measures, 74% of global goods trade still flows under most favoured nation tariff terms, "but in today's climate of record trade policy uncertainty, safeguarding the …
DG Okonjo-Iweala said: “I am very grateful to the Democratic Republic of the Congo for joining so many other WTO members in taking this step to protect the global commons. We are now just seven ratifications away from the entry into force of this landmark …
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