WTO & Plurilaterals

Beyond Brussels: WTO paints bleak trade outlook ahead of G20 summit
Beyond Brussels China EU trade latest United States & TTIP WTO & Plurilaterals

Beyond Brussels: WTO paints bleak trade outlook ahead of G20 summit

It comes as little surprise that the World Trade Organization expects global merchandise trade to continue decelerating in the coming months – but it’s bad news, nonetheless. Mounting trade tensions, tighter credit conditions in key markets and waning business confidence have caused export orders to fall, the WTO said in …

Flash: China publishes position on WTO reform
China EU trade latest WTO & Plurilaterals

Flash: China publishes position on WTO reform

Wang Shouwen, China’s vice minister of commerce and deputy director of international trade negotiations, and Hong Xiaodong, director of the World Trade Department, briefed journalists about China’s position on World Trade Organization reform. Below is a translated excerpt of their comments. For the full text, including the Q&A with journalists …

EU trade latest Steel Trade defence United States & TTIP WTO disputes

Flash! EU WTO panel request on US Section 232 proceeds

The World Trade Organization’s dispute settlement body will establish panels based on complaints filed by China, the European Union, Canada, Mexico, Norway, and Russia against United States tariffs on steel and aluminium introduced for national security reasons last spring. A Turkish panel request is still pending at the time of writing. …

UK to press on with TRQ split despite international opposition
Agriculture Brexit & UK trade UK WTO & 3rd countries WTO & Plurilaterals

UK to press on with TRQ split despite international opposition

The UK looks set to face down growing international opposition over its plan with the EU to reallocate agricultural tariff rate quotas between the two sides after Brexit, as it pushes towards what it sees as the essential objective of establishing its own autonomous WTO tariff schedules by the end …