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The Latest Breaking News from WTO

WTO Chief Sees Rocky Road for Trade Deals at Global Meeting

World Trade Organization chief Ngozi Okonjo-Iweala expressed cautious optimism on Sunday that more than 100 trade ministers meeting in Geneva would achieve one or two global deals this week, but warned the path there would be bumpy and rocky. The director-general from Nigeria said the world had changed since the…

Asharq Al-Awsat

Farmers seek India’s exit from WTO; stage protest

MYSURU

The Hindu

WTO chief sees 'bumpy' road as ministers work to reach deals

The head of the World Trade Organization is predicting a “bumpy and rocky" road as the international trade body opens its highest-level meeting in 4-1/2 years

The Independent UK

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The WTO faces a make or break week over vaccines

The ruling on whether or not to waive patent rules will this week show if the trade body is for the world or the west

The Guardian - UK

Ministers Gather for High-stakes WTO Meet

The World Trade Organization gathers ministers in Geneva Sunday to tackle pressing issues including global food security threatened by Russia's invasion of Ukraine, overfishing and equitable access to Covid vaccines. With its first ministerial meeting in years, WTO faces pressure to finally eke out long-sought trade deals and show unity…

Asharq Al-Awsat

Egypt Calls for Increasing Response to Food Security Challenges in Developing Countries

Egypt has called for boosting the response to the food security challenges in developing countries. The Foreign Ministry said Egypt submitted a draft resolution to the World Trade Organization (WTO) on enhancing the organization's response to food security challenges in developing, net food-importing countries, and least developed countries. The draft…

Asharq Al-Awsat

WTO Looks to Reach Trade Deals

The World Trade Organization is facing one of its most dire moments, the culmination of years of slide toward oblivion and ineffectiveness.

Asharq Al-Awsat

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WTO looks to reach trade deals with its fate on the line

Government ministers from World Trade Organization member countries are gathering for four days to tackle key issues like overfishing of the seas, COVID-19 vaccines for the developing world and food security

The Independent UK

Explained | The Indian patent regime and its clash with the U.S. norms

The U.S. Trade Representative highlighted IP challenges in India in its annual Special 301 report released last month

The Hindu

Morning Brief: Top Financial Stories Dominating on Wednesday, June 8

CNBC

Benzinga

COVID-19 Vaccine Patent Waiver Expected Soon, Says WTO Head: Reuters

In a telephone interview with Reuters, WTO's Director-General Ngozi Okonjo-Iweala, an agreement on waiving intellectual property rights for COVID-19 vaccines is within reach. A key World Trade Organization (WTO) meeting is scheduled next week to discuss the COVID-19 vaccine patent waiver debate. "If we get one or two deliverables, that…

Benzinga

COVID vaccine rights waiver within reach, WTO chief says ahead of meeting

An international agreement on waiving intellectual property rights for COVID-19 vaccines is within reach ahead of a global trade meeting next week, the head of the World Trade Organization said on Wednesday.

Reuters

Saudi Tourism Ministry Launches Global Program to Train 100,000 Young Men, Women

The Ministry of Tourism launched Tuesday the "Tourism Pioneers" program, which aims to develop the capabilities of 100,000 young Saudi men and women in the field of hospitality, tourism and travel. Minister of Tourism Ahmed bin Aqeel Al-Khateeb launched the program on the sidelines of the 116th session of the…

Asharq Al-Awsat

Globalization Is Alive, Well, and Changing

America can join with more free trade or it can miss out.

Reason

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The Hindu

The IPEF holds promise but there are perils too

The U.S. has been carefully constructing the framework and India, despite endorsing it, needs to be wary of hurdles

The Conversation

We still need a vaccine patent waiver, but not the one on offer at the World Trade Organization meeting

In mid-June, the World Trade Organization (WTO) will meet to finish negotiations to waive certain sections of the agreement on Trade Related Intellectual Property Rights (TRIPS). However, it is not the TRIPS waiver originally proposed 18 months ago by member states South Africa and India, which would have allowed countries…

The Hindu

India’s role in global health diplomacy is at stake

Staying silent in the negotiations ahead of the WTO’s upcoming ministerial on June 12-15 is not an option

Reuters

What could the WTO ministerial conference achieve?

Ministers from across the globe are convening for a conference at the World Trade Organization in Geneva for the first time in more than four years from June 12-15. It comes at a critical juncture for the body and for global trade.

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Reuters

WTO seeks fish, vaccine deals as war ignites trade tensions

The World Trade Organization will host ministers from across the globe this month with the aim of striking deals on fish and vaccines, testing the world's ability to set trade rules at a time of mounting tensions.

The Hindu

NGOs protest Commerce Ministry inaction on WTO COVID-19 vaccine proposal

They write to Prime Minister asking him to renegotiate the draft proposal to waive intellectual property rights on vaccines and highlight the need for active engagement to improve it

The Guardian - UK

Hard Brexit plans by ex-MI6 chief hacked and leaked by Russians

Emails describe strategy in 2018 by Sir Richard Dearlove and others to ensure Britain left EU on WTO terms

Bangkok Post

A restored WTO just the tonic

Russia's invasion of Ukraine has heightened everyone's appreciation of global issues and interconnectivity. In addition to geopolitical and defence concerns, there is a renewed focus on the state of international trade. After continuing Donald Trump's destructive trade policies for more than a year, US President Joe Biden's administration finally appears…

Reuters

NGOs urge Biden to push for changes to WTO's COVID waiver text

Oxfam America, Partners in Health and other civil society groups urged U.S. President Joe Biden to press for changes in a draft agreement on waiving intellectual property rights for COVID-19 vaccines, underscoring divisions over the current text.

The Hindu

Worldview with Suhasini Haidar | How does the wheat export ban affect foreign policy?

In this episode, we examine the effect India’s flip-flop on wheat exports will have on its foreign policy.

The Times of India

Global economy loses $1.6 trillion as world struggles to avoid a new cold war

LONDON: The ties that bind the global economy together, and delivered goods in abundance across the world, are unravelling at a frightening pace.

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