Global

Items proposed for consideration at the next meeting of Dispute Settlement Body

World Trade Organization - Fri, 04/25/2014 - 10:00
The WTO Secretariat has circulated a meeting notice and list of items proposed for the next meeting, on 25 April 2014, of the Dispute Settlement Body, which consists of all WTO members and oversees legal disputes among them. The meeting notice is circulated in the form of a document officially called an “airgram”.
Categories: Global

15 April marks the 20th anniversary of the WTO’s founding agreements

World Trade Organization - Tue, 04/15/2014 - 10:00
Twenty years ago today, 15 April 1994, the WTO agreements were signed in Marrakesh, Morocco. They were the result of the 1986–94 Uruguay Round negotiations, and are the basis for the multilateral trading system in its present form. They also created the WTO.
Categories: Global

Press conference

World Trade Organization Podcasts - Mon, 04/14/2014 - 10:00
Trade statistics show the least developed hit more severely by global slowdown — Azevêdo Least developed countries experienced growth in 2012 and 2013 that was below their previous average, but could gain from an upturn since a large share of their exports go to Europe, which is recovering, Director-General Roberto Azevêdo told a press conference on the latest trade statistics on 14 April 2014.
Categories: Global

Don’t forget trade and development, Deputy DG Yi urges UN Economic and Social Council

World Trade Organization - Mon, 04/14/2014 - 10:00
Although countries bring a new urgency to work on sustainable development, “a specific focus on trade and development has been missing”, WTO Deputy Director-General Xiaozhun YI told the 14 April 2014 Spring Meeting of the UN Economic and Social Council (ECOSOC) with the Bretton Woods Institutions (World Bank, IMF, WTO) and UN Conference on Trade and Development. This is what he said:
Categories: Global

Trade statistics show the least developed hit more severely by global slowdown — Azevêdo

World Trade Organization - Mon, 04/14/2014 - 10:00
Least developed countries experienced growth in 2012 and 2013 that was below their previous average, but could gain from an upturn since a large share of their exports go to Europe, which is recovering, Director-General Roberto Azevêdo told a press conference on the latest trade statistics on 14 April 2014.
Categories: Global

Modest trade growth anticipated for 2014 and 2015 following two year slump

World Trade Organization - Mon, 04/14/2014 - 06:00
World trade is expected to grow by a modest 4.7% in 2014 and at a slightly faster rate of 5.3% in 2015 WTO economists said today (14 April 2014).
Categories: Global

Obama Visit: Rare Good News for Malaysia

Barron's Intl Trader Asia - Fri, 04/11/2014 - 23:49
The president's stop will offer a chance for positive coverage and could draw attention on the country's economic accomplishments–and investment opportunities.
Categories: Asia, Global, Trade

The global trading system aims to improve children’s lives and prospects—Azevêdo

World Trade Organization - Fri, 04/11/2014 - 03:30
Director-General Roberto Azevêdo, in a speech at the Global Child Forum in Stockholm on 11 April 2014, said that “by supporting economic growth and poverty alleviation, trade can be an important engine for change – and therefore can make a significant difference to children’s prospects”.
Categories: Global

Steps agreed on implementing Bali decision on rules of origin for LDCs

World Trade Organization - Thu, 04/10/2014 - 10:00
The Committee on Rules of Origin, on 10 April 2014, agreed on steps to implement the Decision on Preferential Rules of Origin for the Least Developed Countries (LDCs) adopted at the 9th Ministerial Conference in Bali last December. This decision would ensure that non-reciprocal rules of origin for LDCs are simple, transparent and that they take into account the productive capacities of LDCs.
Categories: Global

Goods Council agrees on 2014 chairs

World Trade Organization - Wed, 04/09/2014 - 10:00
The Council for Trade in Goods, on 9 April 2014, approved a list of new chairs of its subsidiary bodies.
Categories: Global

Aid-for-trade flows rebound, members told, as they mull future priorities

World Trade Organization - Wed, 04/09/2014 - 10:00
Aid for trade has bounced back, with Africa as the largest beneficiary, WTO members heard on 9 April 2014, in a meeting where they also discussed the priorities for next two years of initiative.
Categories: Global

US appeals rare earth panel report

World Trade Organization - Tue, 04/08/2014 - 10:00
On 8 April 2014, the United States filed a Notice of Appeal regarding the Panel Report in “China – Measures related to the Exportation of Rare Earths, Tungsten, and Molybdenum” (WT/DS431).
Categories: Global

China appeals panel report on US countervailing and anti-dumping measures

World Trade Organization - Tue, 04/08/2014 - 10:00
On 8 April 2014, China filed a Notice of Appeal regarding the Panel Report in “United States – Countervailing and Anti-Dumping Measures on Certain Products from China” (WT/DS449).
Categories: Global

Azevêdo: Our aim now should be nothing less than to complete the Round and do it quickly

World Trade Organization - Tue, 04/08/2014 - 10:00
Director-General Roberto Azevêdo, in a speech at an event entitled “Back in business: the WTO after Bali and the future of the global trade agenda” organized by the International Chamber of Commerce UK and TheCityUK in London on 8 April 2014, said that after Bali, there is now “a tangible feeling of momentum” in Geneva. He said that to conclude the trade negotiations “we must have a new approach to deliver results…in many ways this is a new Doha Round”.
Categories: Global

Members review six free trade agreements, EU enlargement to 28 member states

World Trade Organization - Tue, 04/08/2014 - 10:00
The Committee on Regional Trade Agreements, on 8 April 2014, reviewed six regional trade agreements (RTAs) and the enlargement of the European Union to 28 member states with the accession of Croatia.
Categories: Global

Bali trade facilitation deal challenged conventional WTO wisdom, new paper says

World Trade Organization - Tue, 04/08/2014 - 10:00
The Agreement on Trade Facilitation — streamlining customs procedures and cutting red tape — reached in Bali in December 2013 was the result of negotiations in Geneva that broke new ground and could be a model for work in some other subjects, according to an account released on 8 April 2014.
Categories: Global

EU files dispute against Russia over measures on the importation of pork products

World Trade Organization - Tue, 04/08/2014 - 10:00
In a communication received on 8 April 2014, the European Union notified the WTO Secretariat of a request for consultations with the Russian Federation regarding measures affecting the importation of live pigs and their genetic material, pork, pork products, and certain other products from the EU.
Categories: Global

Audio: Statement by Roberto Azevêdo to the TNC

World Trade Organization Podcasts - Mon, 04/07/2014 - 10:00
Azevêdo asks members to shift up a gear on Doha preparation Director-General Roberto Azevêdo told the Trade Negotiations Committee on 7 April 2014 that “it’s time to shift things up a gear” in developing a work programme for the conclusion of the Doha Round. “We must now move into a second phase, focused on resolving the problems that we have been outlining—testing what went wrong and putting forward potential solutions,” he said.
Categories: Global

Azevêdo asks members to shift up a gear on Doha preparation

World Trade Organization - Mon, 04/07/2014 - 10:00
Director-General Roberto Azevêdo told the Trade Negotiations Committee on 7 April 2014 that “it’s time to shift things up a gear” in developing a work programme for the conclusion of the Doha Round. “We must now move into a second phase, focused on resolving the problems that we have been outlining—testing what went wrong and putting forward potential solutions,” he said.
Categories: Global
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