Tag: World Trade Organization (WTO)

Friday, August 26th 2022 - 10:09 UTC
Ukraine conflict, inflation, tighter monetary policy slowing down global trade, WTO quarter report

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.
Thursday, July 7th 2022 - 10:20 UTC
Argentina and Uruguay agree on temporary ban to hake fishing

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.
Monday, June 20th 2022 - 09:02 UTC
WTO reaches deal to curb overfishing and subsidies, with the target of fisheries sustainability

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.
Thursday, June 16th 2022 - 10:14 UTC
Latin America at WTO, stands up in support of reforming agriculture trade rules

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.
Monday, June 6th 2022 - 15:36 UTC
Although still below 2019 levels, tourism arrivals picking up in Europe and the Americas

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.
Monday, March 7th 2022 - 09:38 UTC
China's fisheries policy changing? Diverting fuel subsidies from vessels to good WTO fishing practices

China is growing up to its international commitments: two coastal provinces following instructions from the Ministry of Agriculture and Rural Affairs have started to award “fishery stewardship subsidies” to its vessels depending on how they implement measures such as catch volumes, respecting opening and closure of seasons, during the previous year.
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.