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Intermediate goods exports continue to fall in second quarter of 2023

دو شنبه 20 نوامبر 2023
World exports of intermediate goods (IGs) fell by 8% year-on-year in the second quarter of 2023 to US$ 2.3 trillion, continuing the slump recorded since last year amid stagnating commodity prices and a marked contraction in global consumer demand due to high inflation and interest rates. The (...)

Committee agrees to Brazil’s terms of accession to Civil Aircraft Agreement

جمعه 17 نوامبر 2023
The Committee on Trade in Civil Aircraft agreed on 17 November to Brazil’s terms of accession to the Agreement on Trade in Civil Aircraft, among other items. On the basis of this agreement, the Brazilian government will submit the Agreement together with Brazil’s commitments to its National (...)

The United States extends its strategic partnership with the STDF until 2028

جمعه 17 نوامبر 2023
The United States Department of Agriculture (USDA) has committed to a five-year agreement with the Standards and Trade Development Facility (STDF), dispersing funds from 2023-2028. An initial contribution of USD 150,000 (approximately CHF 135,000) from the USDA will help developing countries (...)

Members advance discussion on addressing challenges in implementing SPS Agreement

جمعه 17 نوامبر 2023
WTO members have discussed progress in undertaking the Work Programme of the MC12 Sanitary and Phytosanitary (SPS) Declaration aimed at identifying and addressing challenges in the implementation of the SPS Agreement. At a meeting of the SPS Committee on 15-17 November, members agreed to (...)

Norway donates NOK 9 million to WTO Fisheries Funding Mechanism

جمعه 17 نوامبر 2023
Norway is contributing NOK 9 million (approximately CHF 730,500) to the WTO Fisheries Funding Mechanism to assist developing members and least-developed members in implementing the Agreement on Fisheries Subsidies. Norway’s WTO Ambassador Petter Ølberg presented the contribution to WTO (...)

WTO members examine proposals to deepen discussions on trade and environment

پنج شنبه 16 نوامبر 2023
At the Committee on Trade and Environment (CTE) meeting held on 13, 14 and 16 November, members considered seven proposals to reinvigorate discussions on climate change and sustainable development at the WTO. Members also discussed suggestions on environment-related outcomes for the upcoming (...)

Report finds strong expansion of global value chains but warns of increased vulnerability

پنج شنبه 16 نوامبر 2023
Global value chains (GVCs) continued to expand in 2022, as indicated by the growing share of foreign inputs in exports and the increasing participation rates of economies worldwide. This bodes well for spreading the benefits of trade to more firms, workers and developing economies, according to (...)

Uzbekistan injects renewed momentum into WTO accession process

پنج شنبه 16 نوامبر 2023
At the latest meeting of the Working Party on the Accession of Uzbekistan on 16 November, WTO members commended the Uzbek Government for stepping up its efforts to advance its accession negotiations, evidenced by strengthened domestic institutions. Uzbekistan underlined that WTO membership is a (...)

Members agree on changes to improve the functioning of the Customs Valuation Committee

چهار شنبه 15 نوامبر 2023
Members adopted a series of changes to improve the functioning of the Committee on Customs Valuation as part of the work towards WTO reform. At a formal meeting of the Committee on 15 November, delegates also reviewed national customs valuation legislation notified by 35 members and agreed to (...)

DDG Ellard calls for APEC leadership in reforming the WTO, delivering at MC13

چهار شنبه 15 نوامبر 2023
At the 2023 Asia Pacific Economic Cooperation (APEC) Leaders Meeting in San Francisco on 15 November, Deputy Director-General Angela Ellard emphasized the role of the WTO in achieving an open, dynamic, resilient, inclusive and peaceful Asia-Pacific community. She called for APEC leadership in (...)

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