New Zealand and Canada welcome WTO environmental goods discussion
As part of a multilateral trade pact being negotiated at the World Trade Organization (WTO), New Zealand and Canada have to cut their import tariffs on a number of environmental goods and it was announced on July 8, 2014. According to their
See MoreWTO: G-20 forces on Free Trade, despite New Duties
Though there was a net fall in trade-restrictive measures, in accordance with a new report from the World Trade Organization, Group of Twenty nations introduced new 88 anti-dumping related queries between November 15, 2013, and May 15, 2014. The
See MoreSingapore agrees with WTO’s Trade Simplification Inventiveness
Under a statement from the Ministry of Trade and Industry Singapore has informed the World Trade Organization (WTO) that it will implement all the operational provisions of the WTO's Agreement on Trade Facilitation (ATF) immediately when the ATF
See MoreMalaysia – WTO Tracks Malaysian Tax Developments
The World Trade Organization (WTO) has recently stated in its Trade Policy Review of Malaysia that the country needs to implement fiscal consolidation and tax reforms to ensure equitable and sustainable growth. The WTO noted the country's plans for
See MoreWTO panel mediates US-Korea Trade Dispute
One of the important functions of the World Trade Organization (WTO) is to provide a means of settling trade disputes between its member states. The Dispute Settlement Body of the WTO established a panel on January 22, 2014 to mediate in a dispute
See MoreWTO: Trade restrictions increased in 2013
The World Trade Organization (WTO) has reported that growth in world trade in 2013 was slower than expected in the year 2013. Growth in world merchandise trade was 2.5% in 2013 and will probably be 4.5% in 2014. The report mainly looked at G20
See MoreWTO Public Forum discusses trade facilitation
The WTO Public Forum was held on 1 to 3 October 2013. The third day of the meeting was devoted to discussion of issues that were relevant to the OPEC summit in Bali. These issues included trade facilitation as well as economic development issues and
See MoreWTO, OECD and UNCTAD paper on Global Value Chains presented to G20
A joint report by the WTO, OECD and UNCTAD entitled “Implications of global value chains for trade, investment, development and jobs” dated 6 August 2013 was presented to the G20 meeting of September 2013. The report is a result of research into
See MoreAgenda for the WTO Public Forum in Geneva
The WTO Public Form is to be held in Geneva on 1 to 3 October 2013. The theme of the Public Forum is to be expanding trade through innovation and the digital economy. It is well recognized that innovation is a major driver of economic growth and
See MoreWTO: services trade database to be developed
The World Trade Organization (WTO) and the World Bank have agreed to jointly develop a database on international trade in services. Trade in services is becoming ever more important globally, especially in developed countries, and constitutes around
See MoreWTO: 2013 World Trade Report
The World Trade Report for 2013 issued by the World Trade Organization (WTO) emphasizes that the development of world trade will be determined by a number of economic policies and social trends including shifts in patterns of production and
See MoreWTO: Global Review of Aid for Trade
The fourth global review of Aid for Trade was held between 8 and 10 July 2013. The closing remarks by the Director General reminded the participants that the main targets of the program are to bring down trading costs while adding value to the trade
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