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The Latest Breaking News from World Trade Organization

World Bank, IMF, WTO leaders urge quick action on action plan to address food security

The leaders of the International Monetary Fund, World Trade Organization and the World Bank on Friday called for quick work on a new action plan on food security to be prepared by international financial institutions.

Reuters

Russia to update its strategy in World Trade Organization amid sanctions, says Putin

Russian President Vladimir Putin said on Wednesday that "illegal" restrictions on Russian companies by Western states ran counter to World Trade Organization rules and told his government to update Russia's strategy in the WTO by June 1.

Reuters

IMF, World Bank, WFP and WTO urge coordinated action on food security

The World Bank, International Monetary Fund, UN World Food Program and World Trade Organization on Wednesday called for urgent, coordinated action on food security, and appealed to countries to avoid banning food or fertilizer exports.

Reuters

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WTO: War in Ukraine to curb trade, economic growth this year

The World Trade Organization is predicting that trade in goods will grow much less than previously expected this year, saying prospects for the global economy have darkened since the onset of Russia’s war in Ukraine

The Independent UK

Russia war ends era of globalization that kept inflation low

For decades, the free flow of trade across much of the world allowed the richest nations to enjoy easy access to low-priced goods and supplies

The Independent UK

Food supplies take Ukraine war hit

The war in Ukraine is causing immense, heart-wrenching human suffering. At the World Trade Organization (WTO), an institution based on the rule of law and established to help forge peace, we find the violence abhorrent to our fundamental principles. We echo UN Secretary-General Antonio Guterres's call for the bloodshed to…

Bangkok Post

Why a leaked WTO 'solution' for a COVID patent waiver is unworkable and won't make enough difference for developing countries

There was a brief moment of euphoria last week, when it seemed that COVID-19 vaccines, medicines and supplies might be liberated from the World Trade Organization’s intellectual property rights straitjacket and a patent waiver would make them available and affordable to the unvaccinated in the global south.

The Conversation

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World Trade Organization appoints panel to rule on Australia China wine dispute

The world's trade umpire appoints an independent panel to hear Australia's dispute with China over damaging wine tariffs.

ABC News

EU considers suspending equal treatment for Russia at WTO

The European Union said it was looking into suspending 'most-favoured nation' (MFN) treatment for Russia at the World Trade Organization over Moscow's invasion of Ukraine, meaning the bloc would be able to hike tariffs or set quotas on Russian imports.

Reuters

BOI hosts the first APEC IEG meeting of 2022

As part of Thailand’s chairmanship of the APEC meetings in 2022, under the theme “Open. Connect. Balance.”, the Thailand Board of Investment (BOI), as Thailand’s main investment agency, hosted during 14 – 15 February 2022 the first meeting of the year of the APEC Investment Experts’ Group (IEG), which is…

Bangkok Post

WTO leader Okonjo-Iweala chosen to address MIT grads

Ngozi Okonjo-Iweala, the first woman and first African to lead the World Trade Organization, has been named the keynote speaker at the Massachusetts Institute of Technology’s commencement

The Independent UK

US accuses China of backing away from free-trade commitments

The United States has accused China of failing to meet its commitments to the World Trade Organization

The Independent UK

Countries ask to join WTO talks over China, Lithuania spat

More countries have asked this week to join talks about the European Union’s complaint with the World Trade Organization accusing China of exerting economic pressure on Lithuania

The Independent UK

Canada seeks to join EU challenge against China at WTO

Canada will seek to join the United Kingdom, the United States and Australia to be included in consultations as part of the European Union's dispute with China at the World Trade Organization over Beijing's alleged trade curbs on Lithuania.

Reuters

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Reuters

There can a diplomatic solution with China over Lithuania - Dombrovskis

The European Union and China can find a diplomatic solution over their spat on Lithuania, European Commission Vice President Valdis Dombrovskis said on Thursday, speaking shortly after EU authorities challenged China's practices regarding Lithuania at the World Trade Organization (WTO)

Bangkok Post

WTO: China can slap duties on $645m of US imports

GENEVA: The World Trade Organization on Wednesday handed a fresh victory to China, permitting it to slap duties on $645 million worth of US imports per year, in a long-running anti-dumping dispute with Washington.

Reuters

U.S., EU downgrade metal tariff dispute at WTO

The United States and the European Union have downgraded their dispute at the World Trade Organization over steel and aluminium tariffs applied by former U.S. President Donald Trump in 2018 and subsequent EU retaliation, documents filed at the WTO show.

Reuters

EU takes Russia to WTO over export restrictions on wood

The European Union started a legal challenge at the World Trade Organization on Friday over Russian export restrictions on wood products.

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