Brazil's government and businessmen gathered last week in São Paulo for the B20 summit, and they concurred on the need to push for world trade reforms ahead of the G20 summit, which will be held in Rio de Janeiro next month.
The World Trade Organization (WTO) expects international trade to grow by 0.8% this year, down from the 1.7% estimated in April. In its updated forecasts released this week, the organization justifies the downgrade with an inflationary environment, rising interest rates in the United States and the European Union, as well as tension in the Chinese real estate market.
Brazil's Foreign Minister Mauro Vieira Friday told World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala about the South American country's commitment to the global entity under the new administration of President Luiz Inácio Lula Da Silva.
Brazil is forecasted to gain a 19.3% larger quota of chicken meat exports to the UK in accordance with the bilateral agreement signed last November 17 at the World Trade Organization (WTO), according to information from the financial press agency Valor.
As India, the world leader in exports restricts rice shipments, Brazil signaled at the World Trade Organization (WTO) that together with Mercosur partners, it is ready to expand exports and help with global food security.
The World Trade Organization warns that uncertainty has increased as a result of the conflict in Ukraine, growing global inflation, and the predicted tightening of monetary policy by central banks in advanced nations.
The Joint Technical Commission of the Maritime Front of Argentina and Uruguay has issued a temporary ban on hake catching due to the “concentration of juvenile specimens” that “it is necessary to protect,” it was announced Wednesday.
After two decades of discussions, the World Trade Organization, WTO, finally reached a deal aimed at curbing overfishing which was hailed by conservation groups as a major turning point, even if it was the result of compromises to seal the long-sought agreement.
Sixteen Latin American countries, led by Brazil pledged this week to work together to demand reform of world agricultural trade rules at the World Trade Organization (WTO). The decision was taken among other issues to counter the protectionist policies of developed countries and India.
The World Tourism Organization is reporting that tourism continues to recover at a strong pace. Globally, destinations welcomed almost three times as many international arrivals in the first quarter of 2022 as in the same period of 2021, with Europe leading the sector’s rebound. Experts are also looking into the future with more optimism.