donderdag 27 februari 2020

WTO: Goods barometer signals further weakening of trade in first quarter of 2020

Goods barometer signals further weakening of trade in first quarter of 2020
World merchandise trade growth is likely to remain weak in early 2020, according to the WTO Goods Trade Barometer released on 17 February. The real-time measure of trade trends now reads 95.5 — less than the 96.6 recorded last November and well below the index's baseline value of 100. This...
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Trade Policy Review: European Union
The fourteenth review of the trade policies and practices of the European Union takes place on 18 and 20 February 2020. The basis for the review is a report by the WTO Secretariat and a report by the European Union.
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Ukraine launches safeguard investigation on caustic soda
On 18 February 2020, Ukraine notified the WTO's Committee on Safeguards that it initiated on 11 February 2020 a safeguard investigation on caustic soda.
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The Philippines launches safeguard investigation on motor vehicles
On 18 February 2020, the Philippines notified the WTO's Committee on Safeguards that it initiated on 6 February 2020 a "preliminary safeguard investigation" on motor vehicles.
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Third anniversary of Trade Facilitation Agreement sees increasing implementation rate
Three years since the Trade Facilitation Agreement (TFA) entered into force on 22 February 2017, WTO members have continued to make steady progress in its implementation. Director-General Roberto Azevêdo, on the occasion of the TFA's third anniversary, welcomed members' efforts to ensure traders...
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DDG Wolff hails ministers' commitment to strengthen WTO for sustainable agriculture trade
Speaking at a side event of the WTO agriculture negotiation meetings on 24 February, Deputy Director-General Alan Wolff hailed the strong commitment of seventy-two agriculture ministers to strengthen the WTO for achieving sustainable agriculture trade as expressed in a communiqué at the Berlin...
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Lithuania donates EUR 50,000 to enhance developing countries' trading capacity
Lithuania is contributing EUR 50,000 (CHF 53,000) to help developing and least-developed countries take an active part in global trade negotiations. The contribution was acknowledged by Director-General Roberto Azevêdo at a meeting with Lithuania's Minister of Foreign Affairs, Linas Linkevičius, on...
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US donates USD 600,000 to further developing countries' trading capacities
The United States contributed USD 600,000 (CHF 590,000) in 2019 to help developing and least-developed countries (LCDs) participate effectively in global trade negotiations. This donation will finance training workshops for officials from WTO member governments to help them deepen their...
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Kazakhstan prepares to negotiate accession to Government Procurement Agreement
Kazakhstan informed the Committee on Government Procurement at its 26 February meeting of the progress it has made to initiate negotiations to join the WTO plurilateral Government Procurement Agreement (GPA). The Committee also discussed the ongoing negotiations of China, the Kyrgyz Republic, North...
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Items proposed for consideration at the next meeting of Dispute Settlement Body
The WTO Secretariat has circulated a meeting notice and list of items proposed for the next meeting, on 28 February 2020, of the Dispute Settlement Body, which consists of all WTO members and oversees legal disputes among them. The meeting notice is circulated in the form of a document officially...
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