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.
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.
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
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.
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.
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.