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The Latest Breaking News from World Trade Organisation

India aims at 10 pc share in global merchandise exports by 2047: WTO report

India aims to significantly boost global merchandise exports by 2047. The nation is implementing various schemes to promote its export growth. India's trade policies are undergoing review by the World Trade Organisation. The government has also modified customs duties in its recent budget. These efforts align with the Viksit Bharat…

The Economic Times

Global trade tensions test WTO as reform battle begins in Yaoundé

Trade ministers from 166 countries are gathering in Cameroon’s capital this week for a high-stakes World Trade Organisation meeting – with divisions over reform, digital trade and development raising doubts about whether the body can adapt to a rapidly changing world.

Radio France Internationale

Call for local steel mandate in face of Trump's tariffs

The federal government is being urged to protect Australian jobs after US President Donald Trump announced a plan to double levies on foreign steel.

AAP

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Trump Tariff Threat Leaves Sour Taste For European Drinks Producers

President Donald Trump's threat to impose a 200 percent tariff on many European Union alcohol imports, amid a spiralling trade war, will hit a market worth $10 billion to EU producers in 2023, according to World Trade Organisation figures.

International Business Times

China drops 220 per cent tariff on Australian wine in boon for Hunter Valley

China will scrap tariffs on Australian wines as a bullish PM visits Hunter vines.

Newcastle Herald

WTO rules against Australia on steel products complaint

Australia has lost its case in a World Trade Organisation dispute brought by China on extra taxes, with the ruling finding fault with Canberra's investigations.

AAP

WTO Braces For Battles On Fisheries, Agriculture In UAE Talks

The closed talks will take place on the second day of the World Trade Organization's 13th ministerial conference which is scheduled to run until Thursday but could go into over-time amid divisions.

International Business Times

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COP28's commitment to transforming farming and food systems is an insult to Africans

Globally, food systems are unsustainable: 80% of the production of food is powered by fossil fuels. The food system is responsible for over one-third of global greenhouse gas emissions. It is the primary driver of biodiversity loss. The COP28 climate change conference has issued a declaration on sustainable agriculture and…

The Conversation

Fishing industry plan slammed as nothing but a subsidy

The draft fishing industry transformation plan includes a substantial, potentially problematic, government investment in a new commercial fishing fleet.

Newsroom.co.nz

Breakthrough in Australia, China barley trade dispute

China has agreed to undertake an expedited review of trade impediments on Australian barley after Australia paused its World Trade Organisation proceedings.

The New Daily

Breakthrough in drawn-out trade dispute with China

China has agreed to undertake a review of trade restrictions on Australian barley after the federal government paused its World Trade Organisation case.

AAP

South Africa is exporting more food. But it needs to find new growth frontiers

South African agricultural exports were up for the third consecutive year in 2022, reflecting favourable production conditions and higher commodity prices. The export numbers for the full year have not yet been published. I have calculated the annual data for 2022 using quarterly trade export statistics published by Trade Map,…

The Conversation

Positive sign for China trade relationship

Trade Minister Don Farrell says there are positive signs in the Australia-China trade relationship and he's keen to meet with his counterpart for talks.

AAP

Trade head: How to tackle the world's 'poly-crisis'

Countries can protect their supply chains without turning to protectionism, WTO director-general says.

Newsroom.co.nz

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ABC News

World Trade Organisation head says Australia should focus more on green hydrogen, less on coal

The head of the World Trade Organisation says Australia should aim to reduce its reliance on coal exports and instead focus on green hydrogen.

The Conversation

WTO head Ngozi Okonjo-Iweala: how trade can help beat inequality

In a recent study South Africa was identified as ranking first of 164 countries in the World Bank’s global poverty database. Underlying this inequality is its very high rates of unemployment. Professor Dori Posel spoke to World Trade Organisation (WTO) Director General Dr Ngozi Okonjo-Iweala about why trade is important…

The Conversation

Africa's free trade area offers promise for cities -- but only if there's investment

The African Continental Free Trade Area came into operation on 1 January 2021. This is a considerable achievement. The free trade area is now the world’s single largest market for goods and services, when measured by number of countries, after the World Trade Organisation. It is also the largest in…

The Times of India

Allow India to export foodgrains from public stock to needy nations: Nirmala Sitharaman to WTO

NEW DELHI: Finance minister Nirmala Sitharaman on Friday asked World Trade Organisation (WTO) to allow India to export foodgrains from its public stockholding to nations which are facing food crisis.

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The National (Scotland)

PM suggests he's ready to break international law to 'protect British steel'

BORIS Johnson has suggested his government is prepared to break international law to impose new steel tariffs.

The Independent UK

PM implies he is prepared to breach international law to safeguard UK steel

Boris Johnson argued at the G7 summit in Germany it is reasonable for British steel to enjoy the ‘same protections’ as other European economies.

Daily Mirror

Boris Johnson vows to press on with 'rule-breaking' plan to protect British steel

The Government is poised to slap sweeping new steel tariffs on a host of nations in an attempt to woo Red Wall voters - but critics say it breaks World Trade Organisation rules

The Independent UK

UK plan to impose ‘unlawful’ steel tariffs sparks fresh clash with EU

Boris Johnson warned against ‘protectionism’ and violation of WTO rules

The Times of India

India wants WTO to play its role in containing global inflation

NEW DELHI: India wants the World Trade Organisation (WTO) to play its role in containing global inflation, which is impacting most of the economies of the member countries.

Birmingham Post

North East offshore wind firms back UK Government in EU dispute over 'discriminatory practices'

The EU has brought a case at the World Trade Organisation alleging UK support for green energy projects is unfair and undermines efforts to address the climate crisis

The New Daily

Australia urged to step up as aid groups slam ’flawed’ COVID-19 vaccine deal

Leaked World Trade Organisation (WTO) negotiations have revealed a “flawed” plan to waive vaccine patents held by pharmaceutical giants.

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