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

Published on July 12, 2024 - 11:00 GMT

WTO members explore ways of boosting LDCs’ capacity to participate in services trade

Speakers underlined that LDCs' capacity to participate in services trade is hindered by infrastructure issues, skills development, the regulatory environment and limited technological capacity. The importance of international cooperation in tackling …

Distribution channels: Banking, Finance & Investment Industry

Published on July 11, 2024 - 20:32 GMT

DDG Ellard: WTO is key in enhancing connectivity within global supply chains

Excellencies, Ladies and Gentlemen, It is an honor to address you today on behalf of the World Trade Organization on the role of climate-smart connectivity and digital trade in facilitating regional and global integration and sustainable development. …

Distribution channels: Banking, Finance & Investment Industry

Published on July 10, 2024 - 18:48 GMT

DDG Ellard, at FAO meeting, urges completion of critical work on fisheries subsidies

“The sustainability of fisheries is a growing emergency for nations worldwide as the deterioration of fish stocks accelerates unabated. Many millions of people worldwide depend on marine fishing for income, food security, and livelihood. Sustainable …

Distribution channels: Banking, Finance & Investment Industry

Published on July 10, 2024 - 18:48 GMT

FAO Committee on Fisheries, Thirty-sixth session (COFI36)

Excellencies, Ladies and Gentlemen, It is an honor to be here at the 36th Session of the FAO Committee on Fisheries. The strategic partnership between the WTO and the FAO is so crucial to address the significant challenges facing fisheries and agriculture …

Distribution channels: Banking, Finance & Investment Industry

Published on July 10, 2024 - 18:48 GMT

DDG Paugam: WTO system can serve as insurance policy for green steel investors

Thank you, Chairman QIAN, Edwin, for the kind words of welcome. Excellencies, Ladies and Gentlemen, It is an honour to address you today. My key message today is that the World Trade Organisation can and must be leveraged as an insurance policy for your …

Distribution channels: Banking, Finance & Investment Industry

Published on July 8, 2024 - 15:48 GMT

WTO monitoring shows members acting to facilitate trade despite protectionist pressures

Commenting on the findings, Director-General Ngozi Okonjo-Iweala said: “This Trade Monitoring Update underscores the resilience of world trade despite the challenging geopolitical environment. Even in a context of rising protectionist pressures and signs …

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Published on July 5, 2024 - 17:00 GMT

Regional Trade Policy Course concludes in Shanghai for Asia-Pacific officials

Participants received extensive training from experts in the WTO and from the Asia-Pacific region, including from SUIBE. The programme aimed to deepen understanding of the WTO's work, its agreements and their relevance to trade policy in the Asia- …

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Published on July 5, 2024 - 17:00 GMT

WTO Thematic Course on Trade in Value Added and Global Value Chains concludes in Geneva

Opening the programme on 1 July, WTO Chief Economist Ralph Ossa highlighted the growing importance of GVCs in international trade in goods and services. He stressed that integration into GVCs and upgrading of activities along supply chains have become …

Distribution channels: Banking, Finance & Investment Industry

Published on July 5, 2024 - 17:00 GMT

WTO members discuss efforts to reinvigorate farm trade talks

With WTO members unable to agree on how to move ahead in the long-running talks on agriculture at the organisation’s 13th Ministerial Conference (MC13) this February in Abu Dhabi, trade officials have recently been informally exploring with one another …

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Published on July 5, 2024 - 15:06 GMT

WTO members call for reinvigorating discussions on services trade

Follow-up to outcomes of ministerial conferences The members' commitment to reinvigorate the work of the Services Council is a follow-up to the mandate contained in the Declaration from the 13th Ministerial Conference (MC13) held in February 2024. In …

Distribution channels: Banking, Finance & Investment Industry

Published on July 5, 2024 - 15:05 GMT

Members discuss future work of the Goods Council, review trade concerns

Future work of the Goods Council The Chair of the CTG, Ambassador Clare Kelly (New Zealand), reported on her bilateral conversations with more than 20 delegations and group coordinators, where she sought their views on the Council's functioning, the …

Distribution channels: Banking, Finance & Investment Industry

Published on July 4, 2024 - 19:44 GMT

DDG Paugam — WTO at a “crossroads” in addressing trade and climate nexus

Honourable Minister Excellencies, Ladies and Gentlemen Just two days ago, four countries — Costa Rica, Iceland, New Zealand and Switzerland — completed negotiations on a groundbreaking agreement on climate change, trade and environmental sustainability. I …

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Published on July 3, 2024 - 19:08 GMT

Steering Committee of the WTO Fish Fund moves towards making the Fund operational

“The progress achieved by the Steering Committee in the short period since January is impressive. It is a testament to your dedication to fulfilling the promise of providing concrete support by the time of the Agreement's entry into force to those …

Distribution channels: Banking, Finance & Investment Industry

Published on July 3, 2024 - 19:08 GMT

Revisit rulebook on food and agriculture, DG Okonjo-Iweala urges workshop participants

“There is an urgent need to ensure that trade in food and agriculture contributes to ensuring everyone can access sufficient, safe, and nutritious food at all times,” the DG said in her opening remarks to participants. While the Agreement on Agriculture …

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Published on July 3, 2024 - 13:53 GMT

WTO members consider four regional trade agreements

The Committee considered the Comprehensive Economic Partnership Agreement between India and the United Arab Emirates (UAE), services. The Agreement came into force on 1 May 2022. It covers goods, trade in services, movement of natural persons, investment, …

Distribution channels: Banking, Finance & Investment Industry

Published on July 2, 2024 - 17:41 GMT

Working group on small business considers future topics for discussion

The Coordinator of the Group, Ambassador Matthew Wilson (Barbados), highlighted the results of the Small Business Champions initiative, which were announced during last week's Aid for Trade Global Review. One of the winners is the Latin American and …

Distribution channels: Banking, Finance & Investment Industry

Published on July 2, 2024 - 17:41 GMT

Goods trade posts 1% growth in the first quarter of 2024 after 2023 plateau

Most regions contributed positively to the upturn in trade volume, with Europe remaining a notable exception as its exports and imports continued to decline. These are the first quarterly trade volume statistics released by the WTO since its most recent …

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Published on July 1, 2024 - 16:52 GMT

Kazakhstan formally accepts Agreement on Fisheries Subsidies

Director-General Okonjo-Iweala said: “I welcome Kazakhstan's Acceptance of the Agreement on Fisheries Subsidies. This action demonstrates Kazakhstan's commitment, even as a landlocked nation, to responsible fisheries resource management. It …

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Published on June 28, 2024 - 18:56 GMT

Finland gives EUR 700,000 to help strengthen LDCs’ trade capacities via EIF Interim Facility

Finland's contribution is to the EIF Interim Facility, which was set up to bridge the gap between the end of Phase Two of the EIF and the establishment of a new multilateral support mechanism for LDCs. Discussions on the future mechanism are taking …

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Published on June 28, 2024 - 18:56 GMT

Aid for Trade Global Review concludes with commitment to keep adapting to changing needs

Under its three themes of food security, digital connectivity and mainstreaming trade into development agendas, the event examined how international partnerships can be ramped up to help developing economies and least-developed countries (LDCs) share more …

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