WTO crisis and reform

Coronavirus response WTO crisis and reform

WTO Corner: Ottawa Group eyes Joint Statement on trade and healthcare

The Ottawa Group, an informal network of countries interested in discussing reforms at the World Trade Organization  established in early 2019 is seeking improvements in the way trade in healthcare products is handled beyond the current COVID-19 pandemic. The signatories are eyeing a possible Joint Statement in early 2021, which …

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WTO members launch two trade and environment initiatives

A subset of 23 World Trade Organization members formally launched an initiative on ‘trade and environment’ that could lead to concrete proposals to the institution at its next ministerial conference. Another initiative announced during this week’s WTO ‘Trade and Environment Week’ is a Chinese-led plastic waste “informal dialogue”.

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Ingredients for a climate-friendly trade policy

UC Berkeley economist Joseph Shapiro is of the view that trade policy is “sending the wrong price signal” by bolstering trade in dirty goods in comparison to cleaner products, especially in Europe. Speaking to Borderlex’s Sarah Anne Aarup, Shapiro said that rather than raising trade barriers on dirty goods, focusing …

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WTO Corner: G20 trade meet, EU organic farming, Macao joins MPIA

It’s another busy week in World Trade Organization affairs. Today, a second round of ‘confessionals’ begins. It will lead to the de-selection of three further candidates to the post of director-general. Last week three candidates were de-selected from an original list of eight. Below, a selection of other notable WTO-related …

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WTO Corner: Brussels appeals into void in Russia case, EU steel safeguard goes to court

MPIA state of play EU appeals ‘into void’ in Russia anti-dumping dispute To many, the move will seem highly ironic. The EU is not pleased with a July WTO panel ruling regarding anti-dumping duties on ammonium nitrate and steel pipes in a case filed by Russia – so it is …

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EU faces appeal dilemma after anti-dumping method loss at WTO against Russia

On Friday a World Trade Organization dispute settlement panel established at the behest of Russia ruled that the European Union’s ‘cost adjustment methodology’ relating to how it accounts for raw material input costs on exports of products it deems ‘dumped’ was not compliant with the global trade rule-book. The ruling …