The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments. The goal is to help producers of goods and services, exporters, and importers conduct their business.
The WTO is run by its member governments. All major decisions are made by the membership as a whole, either by ministers (who usually meet at least once every two years) or by their ambassadors or delegates (who meet regularly in Geneva).
The WTO Secretariat has circulated a meeting notice and list of items proposed for the next meeting, on 31 August 2017, 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”.
Posted: August 31, 2017, 5:00 pm
On 18 August 2017, Ukraine notified the WTO’s Committee on Safeguards that it initiated on 10 August 2017 a safeguard investigation on sulfuric acid and oleum.
Posted: August 18, 2017, 5:00 pm
On 18 August a WTO dispute panel issued a report in the cases brought by Viet Nam and Chinese Taipei in “Indonesia — Safeguard on Certain Iron or Steel Products” (DS490 and 496).
Posted: August 18, 2017, 4:00 pm
A joint effort to facilitate participation by smaller companies in international trade was launched today by the Director-General of the World Trade Organization (WTO), Roberto Azevêdo, and the Secretary-General of the International Chamber of Commerce (ICC), John Danilovich. The initiative, entitled ‘ICC-WTO Small Business Champions’, will provide a platform for companies and private sector organizations around the world to propose innovative, practical ideas designed to encourage micro, small and medium-sized enterprises (MSMEs) to do business across borders.
Posted: August 16, 2017, 4:00 pm
Members of the media wishing to attend the WTO’s 11th Ministerial Conference to be held in Buenos Aires, Argentina, from 10 to 13 December 2017, can now apply for accreditation. The deadline for receiving applications is 9 November 2017.
Posted: August 14, 2017, 11:00 am
The WTO’s latest World Trade Outlook Indicator (WTOI) suggests that global merchandise trade growth will continue to strengthen in the third quarter of 2017. The latest reading of 102.6 is higher than the previous reading of 102.2 issued in May this year, suggesting sustained momentum for trade growth. Strong performances in air freight, export orders and container shipping are balanced by weaker results in other indices.
Posted: August 7, 2017, 5:00 pm
Qatar has requested WTO dispute consultations with the United Arab Emirates, Bahrain and Saudi Arabia concerning measures adopted by the three countries which allegedly restrict trade in goods and services from Qatar, and trade-related intellectual property rights.
Posted: August 4, 2017, 5:00 pm
Director-General Roberto Azevêdo met today, 3 August, with Nicaraguan President Daniel Ortega and Trade Minister Orlando Solórzano, and discussed the need for a solid outcome at the WTO’s forthcoming 11th Ministerial Conference (MC11) in Buenos Aires, as well as the importance of agriculture and small and medium-sized enterprises (SMEs) to the country’s economy.
Posted: August 3, 2017, 5:00 pm