vrijdag 4 februari 2022

WTO: Investment facilitation negotiators resume work, aim at conclusion by end of 2022

Investment facilitation negotiators resume work, aim at conclusion by end of 2022
WTO members taking part in the negotiations for an agreement on investment facilitation for development (IFD) resumed their work on 26-27 January, reaffirming their objective to conclude the text negotiations by the end of 2022. Participants discussed the priority work issues for the coming months and committed to further intensify outreach efforts towards other WTO members.
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E-commerce negotiations resume with call for intensified efforts in 2022
At their first meeting of the year, on 28 January, the co-convenors of the negotiations on e-commerce, Australia, Japan and Singapore, urged members to intensify their efforts in 2022 to secure convergence on the majority of issues in the negotiations, including the more difficult areas....
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EU initiates WTO dispute complaint regarding Chinese restrictions on trade with Lithuania
The European Union has requested WTO dispute consultations with China concerning alleged Chinese restrictions on the import and export of goods, and the supply of services, to and from Lithuania or with a link to Lithuania. The request was circulated to WTO members on 31 January.
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DDG Ellard highlights state of play in current negotiations and WTO reform agenda
Deputy Director-General Angela Ellard participated on 31 January in an armchair discussion with Ambassador Rufus Yerxa, former WTO Deputy Director-General, at the 2022 Washington International Trade Conference, where she discussed current WTO negotiations and the future reform agenda.
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WHO, WIPO, WTO heads chart future cooperation on pandemic response
The Directors-General of the World Health Organization (WHO), the World Intellectual Property Organization (WIPO) and the WTO met on 1 February to chart future directions for trilateral cooperation in support of an effective global response to the COVID-19 pandemic. A joint news item is below.
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DDG González: "Trade facilitation and economic resilience are two sides of the same coin"
Throughout the pandemic, trade facilitation has played a life-saving role in keeping trade in food and other essential supplies flowing, Deputy Director-General Anabel González said in a keynote speech on 1 February. Speaking at the Global Forum 2022 for National Trade Facilitation Committees, she noted the sizeable contribution that trade facilitation reform could make to help countries seize the opportunities of digital trade and adapt to a rapidly changing trade landscape.
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High shipping rates and digital services sustain services trade recovery in Q3 of 2021
Global services trade posted a 25% year-on-year increase in the third quarter of 2021. Digitally deliverable services such as computer, financial and business services were the main drivers of trade growth as well as transport, which was boosted by surging shipping rates. The rise, however, has yet to represent a full recovery from pre-pandemic levels, as services trade remains 5% below levels recorded in the third quarter of 2019. Unequal distribution of vaccines, the emergence of new variants, and border restrictions continue to weigh on international travel.
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DG Okonjo-Iweala welcomes new cohort of WTO young professionals
A group of 12 young professionals from developing countries and least-developed countries (LDCs) have begun a year of work at the WTO to improve their knowledge about international trade and to contribute to WTO activities. At a welcome ceremony held at the WTO on 2 February, Director-General Ngozi Okonjo-Iweala thanked the participants for bringing their wide range of talents to the WTO and praised the diverse nature of the group.
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DDG González: Agricultural trade reform can deliver gains for people, planet and economy
Speaking at a seminar organized by the World Bank and the International Food Policy Research Institute (IFPRI) on 2 February, WTO Deputy Director-General Anabel González welcomed the findings of a new report that calls for a fundamental change in agricultural support to make agriculture and food systems more productive and more sustainable.
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Exports of intermediate goods continue to grow in third quarter of 2021
World exports of intermediate goods (IGs) continued to rise in the third quarter of 2021, although at a slower pace than the previous quarter according to a WTO report released on 4 February. A rise in traded inputs for medical goods and metal products and increases across all regions helped drive...
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