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World Trade Organization — Latest news
  • Items proposed for consideration at the next meeting of Dispute Settlement Body
    The WTO Secretariat has circulated a meeting notice and list of items proposed for the next meeting, on 28 October 2019, of the Dispute Settlement Body, which consists of all WTO members and oversees legal disputes among them. The meeting notice is circulated in the form of a document officially called an “airgram”.

  • Trade Policy Review: Peru
    The fifth review of the trade policies and practices of Peru takes place on 22 and 24 October 2019. The basis for the review is a report by the WTO Secretariat and a report by the Government of Peru.

  • DDG Wolff: I am fundamentally optimistic about future of multilateral trading system
    Speaking at the Center for Strategic and International Studies in Washington DC on 21 October, Deputy Director-General Alan Wolff said it is vitally important that the value of the multilateral trading system in terms of its impact on the daily lives of people be better understood. “For the individual worker, farmer or company, it must be understood that the WTO is about fairness.” He added: “Having a multilateral trading system is in the fundamental interests of all countries and it will not only endure but be improved.”

  • DG Azevêdo: We’re in danger of forgetting the lessons from Bretton Woods
    At an event in Washington on 17 October to mark the 75th anniversary of the Bretton Woods Conference, WTO Director-General Roberto Azevêdo said the world risks forgetting the key lessons learned from that seminal meeting — the importance of a rules-based system of economic cooperation which has underpinned decades of unprecedented peace and prosperity. His remarks are below:

  • New rules of origin initiative to help firms better utilize trade preferences
    The World Trade Organization is partnering with the International Trade Centre (ITC) and World Customs Organization (WCO) in an initiative which will enable firms to take fuller advantages of benefits under free trade agreements and preferential trade arrangements by helping them comply with product rules of origin requirements.

  • General Council elects Chair for 12th Ministerial Conference
    At a General Council meeting on 16 October, WTO members formally elected Bakhyt Sultanov, Kazakhstan’s Minister of Trade and Integration, as Chair of the upcoming 12th Ministerial Conference (MC12). The Ministerial Conference will take place in the Kazakh capital of Nur-Sultan on 8-11 June 2020.

  • Online registration opens for conference to mark 30 years of Trade Policy Review Mechanism
    Online registration is now open for a conference to be held on 27 November 2019 at the WTO to mark the 30th anniversary of the WTO’s Trade Policy Review Mechanism (TPRM). The conference will focus on the role of the TPRM in providing enhanced transparency, accountability and monitoring of the multilateral trading system.

  • DG Azevêdo: “People recognize things are happening here. They expect concrete outcomes.”
    At a meeting of the full WTO membership on 14 October, Director-General Roberto Azevêdo observed that members had barely two months left to solve the Appellate Body impasse and meet a negotiating deadline on fisheries subsidies. Looking ahead, he said that in order to lay the groundwork for meaningful outcomes at the Ministerial Conference in Kazakhstan next June, members would need to bridge substantial differences in a short time frame.

  • DDG Wolff: The multilateral trading system will endure and will adapt
    Speaking at a conference on global trade held at Chatham House, London, on 14 October, Deputy Director-General Alan Wolff said that at a time of slowing global economic growth and political uncertainty the WTO is even more essential, with its rules providing fairness and preventing discrimination. He stressed the importance of discussions aimed at strengthening the WTO and added: “Defending and improving the global trading system is needed now more than ever.” This is what he said:

  • Members give US green light to impose countermeasures on EU in aircraft subsidy dispute
    WTO members agreed at a meeting of the Dispute Settlement Body (DSB) on 14 October to authorize the United States to impose countermeasures on European Union goods and services trade with the US up to a value of USD 7,496.623 million annually. The authorization was granted in line with a WTO arbitrator decision issued on 2 October.

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