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WTO: DDG Yi praises WCO-WTO partnership in implementation of Customs Valuation Agreement

DDG Yi praises WCO-WTO partnership in implementation of Customs Valuation Agreement
Over the past 25 years fair, uniform and neutral customs valuation processes have been key to maintaining international trade flows and market access opportunities, Deputy Director-General Yi Xiaozhun said on 12 October in remarks delivered to the 50th Session of the Technical Committee on Customs...
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New WTO report looks at the global intellectual property system and COVID-19
The WTO Secretariat has published a new information note about how the global intellectual property (IP) system relates to the COVID-19 pandemic and potential contributions it could make to efforts to address it. The note provides an overview of IP-related measures taken by WTO members and other...
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Negotiations on domestic regulation disciplines for services "very advanced" — Chair
WTO members participating in the negotiations on services domestic regulation met on 15 October to advance work on streamlining procedures required for foreign services suppliers to operate and to remove red tape that may hinder trading opportunities. Participants aim to finalize these negotiations...
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Short Answers to Big Questions on the WTO and the Environment
Remarks by DDG Wolff
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New WTO publication addresses common questions about trade and the environment
The WTO launched a new publication to answer commonly raised questions about trade and the environment at a virtual event on 16 October. "Short Answers to Big Questions on the WTO and the Environment" explores trade's impact on the planet, the policies that governments enact to protect it and the...
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New portal reveals progress in attaining trade-related Sustainable Development Goals
The Sustainable Development Goals Trade Monitor was launched on 20 October by the WTO, the United Nations Conference on Trade and Development (UNCTAD) and the International Trade Centre (ITC). The online portal collates the latest progress in achieving the trade-related Sustainable Development...
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Members discuss intellectual property response to the COVID-19 pandemic
At the meeting of the Council for Trade-Related Aspects of Intellectual Property Rights (TRIPS) on 15-16 October 2020, WTO members discussed how best to use the global intellectual property (IP) system to tackle the COVID-19 pandemic. Members also discussed the extension of the transitional period...
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Members cite role of trade facilitation in ensuring access to goods to tackle COVID-19
The COVID-19 pandemic was a recurring theme at the meeting of the WTO's Committee on Trade Facilitation on 20-21 October. A number of members highlighted how trade facilitation — and the WTO's Trade Facilitation Agreement (TFA) in particular — can be used to help authorities ensure that essential...
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Members discuss proposals on trade in environmental and agricultural services
WTO members debated market access issues related to agricultural and environmental services at an informal meeting of the Special Session of the Council for Trade in Services on 21 October. The discussion stemmed from two communications that underscored the role of services trade in environmental...
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Services trade drops 30% in Q2 as COVID-19 ravages international travel
Global trade in services in the second quarter of 2020 plunged by a record 30% year-on-year, with the travel sector particularly hard hit by COVID-19 and associated restrictions. Declines in services trade were recorded across all regions and most services sectors except for computer services,...
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