WTO in the Shadow of Global Tensions
The article discusses the EU's position on the need for reform within the World Trade Organization amidst growing global tensions.
New WTO report: high oil, gas prices serious challenge for trade growth
The WTO warns that persistently high oil and gas prices could further impede trade growth in 2026, leading to negative forecasts for global trade.
WTO lowers global trade growth forecast to 1.9%
The WTO has reduced its forecast for global merchandise trade growth to 1.9% this year, citing the ongoing Middle Eastern conflict's impact on energy prices and global transport.
Prolonged high oil prices could ‘crimp’ AI boom, WTO warns
High oil prices due to the Middle East conflict may hinder the growth of the AI sector, as warned by the World Trade Organization's chief economist.
WTO Chief: "We are experiencing the worst upheavals of the last 80 years"
WTO Chief Ngozi Okonjo-Iweala calls for greater cooperation among member countries to strengthen global trade amid the worst upheavals seen in the past 80 years.
Ngozi Okonjo Iweala (WTO): the war in Iran has certainly caused "one of the most serious trade disruptions"
Ngozi Okonjo Iweala, the Director-General of the World Trade Organization, emphasizes that the war in Iran has led to severe disruptions in global trade, particularly due to the blockade of the Strait of Hormuz.
The Director-General of the WTO: "We are witnessing the worst disruption of global trade since the world wars"
The Director-General of the WTO, Ngozi Okonjo-Iweala, highlights severe disruptions in global trade due to military interventions by the U.S. and Israel in Iran.
Okonjo-Iweala (WTO): "A prolonged crisis in Iran will weigh heavily on the EU and Asia"
Ngozi Okonjo-Iweala, the Director-General of the WTO, discusses the significant impact of the ongoing conflict in Iran on global trade, particularly affecting the EU and Asia.
Chinese Ministry of Commerce Rebuts U.S. Section 301 Investigation as Typical Unilateral Action
China criticized the U.S. Section 301 investigation into its trade practices as a typical act of unilateralism.
Ethiopia Signs Bilateral Market Access Protocol With Japan At WTO Headquarters
Ethiopia has signed a Bilateral Market Access Protocol with Japan at the WTO headquarters, advancing its accession process to the organization.
Trade minister demands measurable outcomes for AfCFTA gains, WTO leverage
Nigeria's Trade Minister emphasizes the need for measurable outcomes from the AfCFTA to strengthen its position in upcoming WTO discussions.
China defends WTO’s most-favoured nation principle after US, EU challenge rule
China has defended the World Trade Organization's (WTO) most-favoured nation principle in the face of challenges from the US and EU, warning against the dangers of discrimination in global trade.
The European Union leads an initiative to sustain the global trade system
The European Union has initiated a Multilateral Provisional Appeal Arbitration Agreement (MPIA) to address disputes in international trade following the blockage of the WTO's appeal mechanism by the United States.
Rescue of the Global Trade Arbiter
The article discusses the need for Brussels to push for a revival of the WTO to reform or possibly create a new organization, amidst recent trade agreements between the EU and BRICS countries.
Brazilian Foreign Minister discusses the new world order, Venezuela, and Gaza
Brazilian Foreign Minister Mauro Vieira emphasized the urgent need for reforming the international system, advocating for a new world order that focuses on revamping existing international organizations, particularly the UN and the WTO, during an interview with Al Jazeera from Brasília.
Indian Farmers Paying the Price for This International Agreement
In January 2022, 28 U.S. lawmakers requested President Biden to file a complaint against India in the WTO, alleging that India was violating trade rules by subsidizing wheat production above 10%, which harms American farmers due to lower prices in the global market.
Africa must stop begging for aid, become global investment hub — Okonjo-Iweala
Dr. Ngozi Okonjo-Iweala, Director-General of the WTO, calls for African countries to shift from relying on foreign aid to becoming a leading global investment destination to harness their economic potential.
The world has returned to the politics of power. Jan Krzysztof Bielecki on China, Greenland, and the end of free trade
Jan Krzysztof Bielecki argues that the West's surprise at global changes is overdue, highlighting China's WTO entry as a pivotal moment in the shift toward power politics.