Page 16 - Wto

EU wins right to impose tariffs on $4 bn of US goods in Boeing case

The WTO tariff award, which confirms a decision first reported on Sept 30, threatens to intensify transatlantic trade tensions just three weeks ahead of the US presidential election

World Coronavirus Dispatch: WTO sees merchandise trade falling 9.2% in 2020

UK house prices jump most since 2016, German industrial output drops as virus spreads, Czech Republic is top Europe hotspot, and other pandemic-related news across the globe

China says Trump govt's bans on TikTok and WeChat break WTO rules

In the same meeting, the United States defended its actions, saying they are intended to mitigate national security risks

India and South Africa ask WTO to waive rules to aid Covid drug production

VIENNA (Reuters) - India and South Africa want the World Trade Organization (WTO) to waive intellectual property rules to make it easier for developing countries to produce or import COVID-19 drugs, a letter https://docs.wto.org/dol2fe/Pages/SS/directdoc.aspx?filename=q:/IP/C/W669.pdf&Open=True to the WTO shows.

WTO backs EU tariffs on $4 billion US goods over Boeing subsidies:Report

The two sides have been locked in a 16-year-old dispute at the Geneva-based WTO over aid to their aircraft industries in a pair of cases that together represent the world's largest corporate dispute

World commercial services trade shows resilience despite momentum loss: WTO

4.3 per cent dip in services trade in first quarter of 2020 was not as much as earlier anticipated

Defiant USTR says WTO China tariff ruling shows trade body's inadequacy

Lighthizer said the decision shows that the WTO provides no remedy for China's "misconduct"

Damaged WTO now leaderless as chief Roberto Azevedo steps down

Azevedo, a Brazilian, is heading for a job at PepsiCo Inc and eight candidates are vying to replace him

Global merchandise trade volumes fell 14% in first half of 2020: WTO

Latest Goods Trade Barometer shows annual fall may be restricted to 13% in 2020

China's entry to WTO, the worst of all deals, says Prez Donald Trump

China's entry into the World Trade Organisation is the "worst of all deals" said US President Donald Trump on Thursday."China's entry into the World Trade Organisation which is probably the worst of all the deals, if you want to know the truth...They violated the rules like nobody had ever violated it before," Trump said at the Whirlpool Corporation Manufacturing Plant in Ohio."In the past, politicians have aggressively pursued a policy of globalisation, moving our jobs, wealth and our factories overseas. Globalisation has made the elites who donate to politicians wealthy and has left nothing for our workers expect for poverty and heartache," he added.Further calling China a developing nation, the US President said that they had advantages "but we did not accept them".Previously in January, Trump said that US has not been "treated fairly" by the World Trade Organisation (WTO), which considered China and India as developing nations."The World Trade Organisation has been very unfair to

US raises questions on certain Indian schemes for fishery in WTO committee

The US has raised questions in a committee of the World Trade Organisation on certain fishery schemes of India, the international body said in a communication on Tuesday

India urges WTO members to reconsider moratorium on duties on e-commerce

The e-commerce moratorium is nothing short of duty-free, quota-free' access to digital products of the digitally industrialized members by the rest of the membership, said India's WTO representative

More dark clouds over trade

We have been witnessing an exacerbation and an amplification of existing trade tensions

WTO reforms have to factor in interests of all, says Suresh Prabhu

"WTO's reforms have to take into account the interests of all members. It has to come out with a forward-looking agenda in an inclusive manner," Prabhu said

WTO head Roberto Azevedo calls virtual meet, likely to step down: Report

Brazilian Roberto Azevedo, 62, has been director-general at the Geneva-based trade body since 2013 and was on a second term of office due to conclude at the end of August 2021

Covid-19 impact: International tourism may decline by 60-80% in 2020

This places millions of livelihoods at risk and threatens to roll back progress made in advancing the Sustainable Development Goals

No valid basis for EU tariffs in Boeing-Airbus subsidy dispute: US to WTO

The WTO has found the world's two largest planemakers received billions of dollars of unfair subsidies in a pair of cases dating back to 2004

WTO panel report on India sugar subsidy case may not come before Q2, 2021

In 2019, Brazil, Australia and Guatemala dragged India into the WTO's dispute settlement mechanism alleging that New Delhi's sugar subsidies to farmers are inconsistent with global trade rules

Global trade may plummet between 13% to 32%, WTO sees 'ugly' numbers

'These numbers are ugly - there is no getting around that,' World Trade Organisation Director-General Roberto Azevedo said

Need for non-economic globalisation: Lessons from the Coronavirus pandemic

While the post World War II global order has successfully promoted trade openness and free markets, it has failed on non-economic metrics such as climate change and health