Tag: World Trade Organization (WTO)

Tuesday, December 7th 2021 - 09:30 UTC
WTO urges members to end fisheries subsidies discussions by next February/March

World Trade Organization Director-General Ngozi Okonjo-Iweala urged delegation heads to redouble their efforts to bridge differences on the ongoing discussions on curbing harmful fisheries subsidies by the end of February 2022. Discussions were suspended because of the Covid-19 Omicron variant
Wednesday, November 10th 2021 - 09:26 UTC
China in 20 years has become the world's factory and leading trade partner

China has increased its global trade ninefold in the twenty years since joining the World Trade Organization, WTO, well ahead of the United States, according to the UN Conference on Trade and Development, UNCTAD.
Wednesday, November 10th 2021 - 09:14 UTC
WTO speeds fisheries subsidies negotiations ahead of end of the month ministerial conference

The World Trade Organization chair of the fisheries subsidies negotiations, Ambassador Santiago Wills of Colombia, introduced a second revision of the draft negotiating text to be used as the basis for clause-by-clause discussions among members aimed at resolving remaining differences ahead of the 12th Ministerial Conference (MC12) to be held on 30 November to 3 December.
Wednesday, August 4th 2021 - 07:42 UTC
Vietnam's clothing exports boom in 2020, WTO says

A report issued Tuesday by the World Trade Organization (WTO) for clothing exports in the year 2020 has shown that Vietnam has surpassed Bangladesh as the second-largest global trader.
Saturday, February 15th 2020 - 07:54 UTC
Trump launches the aircraft trade dispute with the European Union

The U.S. government on Friday said it would increase tariffs on aircraft imported from the European Union to 15% from 10%, ratcheting up pressure on Brussels in a nearly 16-year transatlantic dispute over aircraft subsidies.
Friday, February 7th 2020 - 09:39 UTC
Fishing subsidies battle at WTO speared by the US

The United States said on Thursday it was pushing hard for the World Trade Organization to reach agreement on cutting fishing subsidies in coming months and viewed those talks as a test of whether the global body can still achieve multilateral deals.
Friday, September 27th 2019 - 07:50 UTC
International tourism generates US$ 5 billion every day to the global economy

Some figures from the UNWTO International tourism highlights will help to underscore the significance of this industry for the global economy. International tourist arrivals grew 5% in 2018, to reach the 1.4 billion mark, two years ahead of the World Tourism Organization’s long-term forecasts, according to the Highlights, 2019 Edition.
Saturday, August 17th 2019 - 07:29 UTC
WTO agrees to a Beijing request for a dispute channel on solar channels and US tariffs

The World Trade Organization agreed on Thursday to China's request to create a dispute panel tasked with judging whether US tariffs on solar panels violate international trade rules. The trade restrictions were imposed by Donald Trump's administration last year, part of a raft of measures initiated by Washington that have triggered a tit-for-tat tariff war between the world's top two economies.
Wednesday, August 14th 2019 - 09:39 UTC
Trump threatens to pull the US out of WTO: “they have been screwing us for years”

President Donald Trump threatened on Tuesday to pull the United States out of the World Trade Organization (WTO) if conditions are not improved. “We will leave if we have to,” Trump told a cheering audience of workers at a Shell chemical plant in Pennsylvania.
Wednesday, April 10th 2019 - 09:58 UTC
“My trade wars aren't finished yet”, Trump warns IMF and World Bank spring meetings

 United States president Donald Trump is sending a clear message to the economic policymakers gathering in Washington for the IMF and World Bank's spring meetings: My trade wars aren't finished yet and a weakening global economy will just have to deal with it.