The World Trade Organization's (WTO) bid to select a new leader was plunged into uncertainty this Wednesday after the United States rejected the Nigerian woman proposed as the global trade watchdog's next director-general.
Former UK International Trade Secretary Dr Liam Fox said on Friday experienced leadership is needed as the selection process continues to replace the World Trade Organization Director-General chair.
The World Trade Organization found on Tuesday that the United States breached global trading rules by imposing multibillion-dollar tariffs in President Donald Trump’s trade war with China, a ruling that drew anger from Washington.
The World Trade Organization (WTO) aims to secure an agreement on cutting fisheries subsidies this year, the chair of the talks, and a WTO official said on Tuesday, despite the cancellation of a major meeting due to COVID-19.
Mexico is set to propose senior trade official Jesus Seade, who helped rework the North American Free Trade Agreement, as a candidate to be the next director-general of the World Trade Organization (WTO), government sources said.
Global trade growth is expected to plummet by up to a third in 2020 due to the coronavirus pandemic, the World Trade Organization said on Wednesday, warning that the numbers would be ugly.
The following is the statement by FAO's chief Qu Donguy, WHO's Tedros Adhanom Ghebreyseus and WTO's director-general Roberto Azevedo.
The World Trade Organization said on Monday that growth in global goods trade is expected to remain “below trend” in the fourth quarter amid tensions and rising tariffs in key sectors.
At the 15 November informal meeting of the Negotiating Group on Rules, heads of WTO member delegations discussed the status of the fisheries subsidies negotiations. Members noted difficulties in concluding negotiations by the end of the year and committed to intensifying their discussions to curb harmful fisheries subsidies.
Britain is looking forward to taking back control of its trade policy after it exits the European Union later this month, a government minister told the World Trade Organization on Wednesday. Speaking at a WTO conference, International Trade Secretary Liz Truss said her country was preparing to seize a golden opportunity.