• The Marrakesh Agreement was signed in 1994 by more than 100 ministers responsible for trade around the world & determined the establishment of the #WTO, marking the biggest reform of int'l trade after WWII. We take a look at significant historic moments for the Organization. https://t.co/1sbTRreS81
    WTO Tue 04 Aug 2020 11:07
  • The WTO’s cybersecurity team is working to address this situation with the relevant authorities. Unfortunately, all efforts to address this issue with the @telegram platform have been so far unsuccessful.
    WTO Mon 03 Aug 2020 17:25
  • We learned that hackers are impersonating WTO Director-General Roberto Azevêdo using a Telegram account linked to his phone number. This is to inform all that the DG does not have, and has never had, a Telegram account. If you receive any such contact, please ignore it.
    WTO Mon 03 Aug 2020 17:25
  • Selecting the upcoming WTO Director-General - next steps: from 7 September, a committee led by the General Council Chair will consult with members to assess their preferences. Stay tuned and learn more about this selection process here: Link #WTODG https://t.co/NAsjvDc8AU
    WTO Mon 03 Aug 2020 14:50

    The procedures for appointing the WTO Director-General are described in document WT/L/509. The nomination period for the 2020 DG selection process ended on 8 July. The second phase of the process in which the candidates “make themselves known to members” will end on 7 September. On that date, the third phase will begin. The Chair of the General Council, together with the chairs of the Dispute Settlement Body and the Trade Policy Review Body, will start to consult with all WTO members to assess their preferences and seek to determine which candidate is best placed to attract consensus support. The third phase will last no more than two months.

  • WTO members stress role of IP system in fighting COVID-19 #IntellectualProperty Link https://t.co/JLlPUdRWQq
    WTO Mon 03 Aug 2020 10:55

    At the request of South Africa, WTO members engaged in a discussion on the important role the WTO - and the TRIPS Council in particular - play in combatting the COVID-19 pandemic.

    Developing and least-developed country members highlighted the challenges COVID-19 has presented in terms of access to medicines, vaccines and associated technologies. They called for the TRIPS provisions to be applied with a focus on the rights to protect public health and promote access to medicines for all. These delegations said the TRIPS Council must ensure that vaccines and new medical technologies are made accessible and available regardless of the level of economic development and that intellectual property rights (IPRs) are not a barrier to access. In their view, the COVID-19 crisis allows for the utilization of TRIPS flexibilities contained in the Doha Declaration on TRIPS and Public Health. They said the crisis calls for the removal of complexities in the TRIPS Agreement to improve...

  • WTO members review five regional trade agreements #WTORTAs Link https://t.co/CiFM84z4Gf
    WTO Mon 03 Aug 2020 09:05

    The Committee on RTAs considered the Free Trade Agreement between ASEAN and Japan, which entered into force for the parties between 2008 and 2010. The parties noted that by the time this agreement had entered into force for all parties, bilateral economic partnership agreements (EPAs) between Japan and seven ASEAN member states had already entered into force. The Agreement served as an important building block for the economic integration and integrity of the region. By April 2026, ASEAN states will have liberalized 76 to 100 per cent of tariff lines for imports from Japan. Japan will have liberalized almost 88 per cent of its tariff lines for imports from ASEAN.

    Japan said the Agreement applies a rule that allows for the cumulation of rules of origin, meaning that products made up of components manufactured among the FTA parties can qualify for preferential tariffs. Two-way trade in value terms has expanded by 14.8 per cent in ten years since 2008 although it was...

  • Do you know what are the chief agriculture issues currently being negotiated at the WTO? This card will give you a panoramic view. ? Congratulations to the 25th anniversary of the WTO Agreement on Agriculture!???? Link #WTOAg https://t.co/NCYFiBLxVp
    WTO Mon 03 Aug 2020 08:10

    The Committee on Agriculture oversees the implementation of the Agriculture Agreement. Its key responsibility is to monitor how WTO members are complying with their commitments. The committee, made up of all WTO members, usually meets three or four times a year.

    The current chair is

  • ? This week: ? TUESDAY @WTODGAZEVEDO meets virtually with @Birmo, Australia's Minister 4 Trade, Tourism & Industry, and takes part in @cni_int & @icc_brasil webinar ? WEDNESDAY DG meets online with @LRobertoBarroso, Justice of Brazil's @STF_intl ? Link https://t.co/urAgE6cZqM
    WTO Mon 03 Aug 2020 06:00
  • ICYMI: @WTODGAZEVEDO says that "only through joint efforts at the global level can we achieve our shared public health goals” and that “cooperation is also necessary to prepare for future health crises”, a goal to which the WTO @FAO @WIPO study contributes Link https://t.co/El2oIPH8v6
    WTO Sun 02 Aug 2020 15:29

    In a video message released on the day of the launch, WTO Director General Roberto Azevêdo emphasized the need for policy coherence and collaboration. Recognizing the close link between the health, trade and IP dimensions, he noted that “coherent approaches to vital medical technologies that bring together the key determinants for innovation as well as access” were required and needed “to span the entire process, from research to development to manufacturing and delivery to those in need”.

    DG Azevêdo said: “Close collaboration between our three specialized agencies has yielded important practical benefits. Similar benefits could be replicated at the domestic level by mirroring this integrated approach.” He expressed the hope “that the revised material will support policy debate and help build governments’ capacity to deal with health challenges”. DG Azevêdo recalled that “it is only through joint efforts at the global level that we can achieve our shared public...

  • ICYMI: This week, the WTO & World Bank released a report exploring the links between trade and gender equality. Findings suggest that #COVID19 disruptions will hit women (working in trade) harder. Read here: Link #TradeforWomen https://t.co/SvS2SFbDe1
    WTO Sun 02 Aug 2020 10:24

    "The report comes out at an opportune time. The COVID-19 pandemic has provoked the deepest economic recession of our lifetimes. Recent WTO analysis shows that women risk losing some really hard-won progress towards greater gender equality because of this crisis. Looking forward, I have no doubt we need to lay the foundations for a strong, sustainable, and inclusive economic recovery. To build back better, we need to ensure that women are able to benefit from trade," DG Azevêdo said at the launch.

    "Although this research was done before the global pandemic, its conclusions are more relevant than ever. Gaining a better understanding of how women are affected by trade will be essential as countries develop and the global economy recovers from the pandemic. I hope the discussion today can help policy makers identify the potential opportunities that trade can provide for women and businesses and buttress support for a more inclusive rules-based trading system," Ms...

  • ICYMI: This week, the Cotton-4 countries (Benin, Burkina Faso, Chad & Mali) and proponents discussed the challenges for the cotton market amid the #COVID19 crisis and seek collective responses. Watch below to relive the launch of #WorldCottonDay at the WTO on 7 Oct. 2019. https://t.co/3PsqX49KYF
    WTO Sat 01 Aug 2020 15:43
  • ICYMI: This week, WHO, WIPO and the WTO launched an updated study on access to medical technologies & innovation. This second edition provides an improved, evidence-based foundation for policy debate & informed decision-making at a critical time for #globalhealth. https://t.co/MD1XN4trAN
    WTO Sat 01 Aug 2020 10:38
  • #DataFriday: The number of containers passing through ports worldwide appears to have risen in June after some recent declines. What does this mean for the #WTOForecast for trade in 2020? Read: Link https://t.co/IaQAF7A3Ry
    WTO Fri 31 Jul 2020 15:22

    The volume of merchandise trade shrank by 3% year?on?year in the first quarter according to WTO statistics. Initial estimates for the second quarter, when the virus and associated lockdown measures affected a large share of the global population, indicate a year?on?year drop of around 18.5% (Chart 1). These declines are historically large, but could have been much worse. The WTO's 20 April annual trade forecast, in light of the large degree of uncertainty around the pandemic’s severity and economic impact, set out two plausible paths: a relatively optimistic scenario in which the volume of world merchandise trade in 2020 would contract by 13%, and a pessimistic scenario in which trade would fall by 32%. As things currently stand, trade would only need to grow by 2.5% per quarter for the remainder of the year to meet the optimistic projection. However, looking ahead to 2021, adverse developments, including a second wave of COVID?19 outbreaks, weaker than expected economic...

  • Trade can dramatically improve women’s lives, new research confirms. WTO economists chat with @TradeEconomista about the latest findings. Access the full report here: Link #WomenaTndTrade #TradeforWomen https://t.co/rH6usLdqxP
    WTO Fri 31 Jul 2020 14:42

    "The report comes out at an opportune time. The COVID-19 pandemic has provoked the deepest economic recession of our lifetimes. Recent WTO analysis shows that women risk losing some really hard-won progress towards greater gender equality because of this crisis. Looking forward, I have no doubt we need to lay the foundations for a strong, sustainable, and inclusive economic recovery. To build back better, we need to ensure that women are able to benefit from trade," DG Azevêdo said at the launch.

    "Although this research was done before the global pandemic, its conclusions are more relevant than ever. Gaining a better understanding of how women are affected by trade will be essential as countries develop and the global economy recovers from the pandemic. I hope the discussion today can help policy makers identify the potential opportunities that trade can provide for women and businesses and buttress support for a more inclusive rules-based trading system," Ms...

  • General Council agrees guidelines for final stage of DG selection Link https://t.co/qsry6cbhSJ
    WTO Fri 31 Jul 2020 13:52

    Director-General Azevêdo announced in May that he would be stepping down on 31 August, a year before the expiry of his mandate. General Council Chair David Walker of New Zealand immediately began the process of determining his successor in accordance with the procedures for the appointment of the Director-General that were agreed by the General Council in December 2002 (WT/L/509).

    Following consultations with members, it was agreed that the nominating window for DG candidates would run from 8 June to 8 July. In total, eight nominations were received. Each candidate came to Geneva between 15 and 17 July to give presentations to and take questions from the General Council. During July and August, the candidates are engaging in the campaign stage of the process in order to “make themselves known to (WTO) Members”.

    Following the campaign period, which runs until 7 September, the final phase of the process will commence. During this third phase, the General...

  • WTO issues 2020 edition of its flagship statistical publication #WTOPublications #WTOStats #GlobalTrade Link https://t.co/w83Rqf1MSY
    WTO Fri 31 Jul 2020 12:52

    World Trade Statistical Review 2020 looks into the latest trends in global trade, with an in-depth analysis of trade in goods and services and in value-added terms. It points to the major changes in recent years, highlighting the leading traders, the best-performing regions, the most traded goods and services, and the performance of least-developed countries. The publication also looks into the impact of COVID-19 on global trade and the outlook for 2020.

    In an introduction to the publication, Director-General Roberto Azevêdo says: “The WTO plays a critical role in compiling and analysing trade data. While the ongoing pandemic represents a dramatic break with nearly all recent economic trends, the fact remains that patterns in global trade offer useful insights for what the future may hold.”

    The report looks into the shifting patterns in global trade across a range of sectors, pinpointing areas that have seen major changes in recent years. These include...

  • Which trade procedures have become more cumbersome during the #COVID19 crisis? Which have become easier? The survey results are in. See the latest findings and how the WTO #TradeFacilitation Agreement can help: Link https://t.co/GsJ5cCg0tQ
    WTO Fri 31 Jul 2020 11:27
  • What were the main agriculture products that members showed most interest in the discussions of the Committee on Agriculture? ? Link #WTOAg https://t.co/5lwqgVC2KY
    WTO Fri 31 Jul 2020 09:02

    The Committee on Agriculture oversees the implementation of the Agriculture Agreement. Its key responsibility is to monitor how WTO members are complying with their commitments. The committee, made up of all WTO members, usually meets three or four times a year.

    The current chair is

  • Research shows that women working in trade are more likely to have better jobs. But findings suggest that COVID-19 disruptions will hit women harder. Explore the links between trade and gender equality in this WTO- @WorldBank report: Link #TradeforWomen https://t.co/A68drv7Vdn
    WTO Thu 30 Jul 2020 15:31

    "The report comes out at an opportune time. The COVID-19 pandemic has provoked the deepest economic recession of our lifetimes. Recent WTO analysis shows that women risk losing some really hard-won progress towards greater gender equality because of this crisis. Looking forward, I have no doubt we need to lay the foundations for a strong, sustainable, and inclusive economic recovery. To build back better, we need to ensure that women are able to benefit from trade," DG Azevêdo said at the launch.

    "Although this research was done before the global pandemic, its conclusions are more relevant than ever. Gaining a better understanding of how women are affected by trade will be essential as countries develop and the global economy recovers from the pandemic. I hope the discussion today can help policy makers identify the potential opportunities that trade can provide for women and businesses and buttress support for a more inclusive rules-based trading system," Ms...

  • WTO, World Bank launch joint publication on the role of trade in empowering women #Tradeforwomen Link https://t.co/aS0TJBCwYf
    WTO Thu 30 Jul 2020 15:26

    "The report comes out at an opportune time. The COVID-19 pandemic has provoked the deepest economic recession of our lifetimes. Recent WTO analysis shows that women risk losing some really hard-won progress towards greater gender equality because of this crisis. Looking forward, I have no doubt we need to lay the foundations for a strong, sustainable, and inclusive economic recovery. To build back better, we need to ensure that women are able to benefit from trade," DG Azevêdo said at the launch.

    "Although this research was done before the global pandemic, its conclusions are more relevant than ever. Gaining a better understanding of how women are affected by trade will be essential as countries develop and the global economy recovers from the pandemic. I hope the discussion today can help policy makers identify the potential opportunities that trade can provide for women and businesses and buttress support for a more inclusive rules-based trading system," Ms...

  • Panels established to review Indian tech tariffs, Japanese export restrictions, EU palm oil measures #TradeDisputes Link https://t.co/oZmv2mPP3s
    WTO Thu 30 Jul 2020 15:26

    This summary has been prepared by the WTO Secretariat’s Information and External Relations Division to help public understanding about developments in WTO disputes. It is not a legal interpretation of the issues, and it is not intended as a complete account of the issues. These can be found in the reports themselves and in the minutes of the Dispute Settlement Body’s meetings.

  • Saudi Arabia appeals panel report regarding intellectual property measures #TradeDisputes Link https://t.co/AUwSR0cQnt
    WTO Thu 30 Jul 2020 15:26

    Given the ongoing lack of agreement among WTO members regarding the filling of Appellate Body vacancies, there is no Appellate Body Division available at the current time to deal with the appeal.

    Further information on Saudi Arabia's notice of appeal is available in document WT/DS567/7.

  • Members agreed that #COVID19 has far-reaching impacts on agricultural trade, manufacturing, consumer demand, and prices. @ICAC_cotton provides an initial assessment of the lockdown on cotton supply and demand. ? Link #WTOCotton https://t.co/bxpb6b0yqL
    WTO Thu 30 Jul 2020 14:16
  • Cotton-4 countries said that on average, 70% of the fiber they produced in 2020 has remained stuck in factories, transit hubs or ports due to the #COVID19 disruptions. Source: Link #WTOCotton https://t.co/bMiXRkj6V3
    WTO Thu 30 Jul 2020 14:06

    The WTO organizes twice a year, since the 2013 Bali Ministerial Conference, "cotton days" consisting of back to back Dedicated Discussions (trade aspects)  and Rounds of the DGCFMC (development assistance). These discussions are conducted through the Director-General’s Consultative Framework Mechanism on Cotton and the Committee on Agriculture in Special Session through dedicated discussions.

  • In its update report on the cotton market, @ICAC_cotton @Kai_ICAC highlights the drop in international purchases caused by #COVID19, and estimates that global demand of cotton could decrease by around 13% this season. Link #WTOCotton https://t.co/0IndxYzMXd
    WTO Thu 30 Jul 2020 13:56

    The WTO organizes twice a year, since the 2013 Bali Ministerial Conference, "cotton days" consisting of back to back Dedicated Discussions (trade aspects)  and Rounds of the DGCFMC (development assistance). These discussions are conducted through the Director-General’s Consultative Framework Mechanism on Cotton and the Committee on Agriculture in Special Session through dedicated discussions.

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