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The Latest Breaking News from World Trade Organization

WTO Chief Sees Rocky Road for Trade Deals at Global Meeting

World Trade Organization chief Ngozi Okonjo-Iweala expressed cautious optimism on Sunday that more than 100 trade ministers meeting in Geneva would achieve one or two global deals this week, but warned the path there would be bumpy and rocky. The director-general from Nigeria said the world had changed since the…

Asharq Al-Awsat

WTO chief sees 'bumpy' road as ministers work to reach deals

The head of the World Trade Organization is predicting a “bumpy and rocky" road as the international trade body opens its highest-level meeting in 4-1/2 years

The Independent UK

WTO chief warns of rocky road to deals amid 'polycrisis'

(This June 12 story officially corrects Russian delegate's name in paragraph 4 after WTO mistake)

Reuters

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Ministers Gather for High-stakes WTO Meet

The World Trade Organization gathers ministers in Geneva Sunday to tackle pressing issues including global food security threatened by Russia's invasion of Ukraine, overfishing and equitable access to Covid vaccines. With its first ministerial meeting in years, WTO faces pressure to finally eke out long-sought trade deals and show unity…

Asharq Al-Awsat

WTO Looks to Reach Trade Deals

The World Trade Organization is facing one of its most dire moments, the culmination of years of slide toward oblivion and ineffectiveness.

Asharq Al-Awsat

WTO looks to reach trade deals with its fate on the line

Government ministers from World Trade Organization member countries are gathering for four days to tackle key issues like overfishing of the seas, COVID-19 vaccines for the developing world and food security

The Independent UK

Deglobalization Is Not Inevitable

How the World Trade Organization Can Shore Up the Global Economic Order

Foreign Affairs

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COVID-19 Vaccine Patent Waiver Expected Soon, Says WTO Head: Reuters

In a telephone interview with Reuters, WTO's Director-General Ngozi Okonjo-Iweala, an agreement on waiving intellectual property rights for COVID-19 vaccines is within reach. A key World Trade Organization (WTO) meeting is scheduled next week to discuss the COVID-19 vaccine patent waiver debate. "If we get one or two deliverables, that…

Benzinga

COVID vaccine rights waiver within reach, WTO chief says ahead of meeting

An international agreement on waiving intellectual property rights for COVID-19 vaccines is within reach ahead of a global trade meeting next week, the head of the World Trade Organization said on Wednesday.

Reuters

Law and order in State has collapsed: Goyal

Union Minister for Commerce and Industry Piyush Goyal said there were increasing cases of atrocities against women in Kerala

The Hindu

What could the WTO ministerial conference achieve?

Ministers from across the globe are convening for a conference at the World Trade Organization in Geneva for the first time in more than four years from June 12-15. It comes at a critical juncture for the body and for global trade.

Reuters

WTO seeks fish, vaccine deals as war ignites trade tensions

The World Trade Organization will host ministers from across the globe this month with the aim of striking deals on fish and vaccines, testing the world's ability to set trade rules at a time of mounting tensions.

Reuters

Australia risks relying on Pfizer and Moderna for its COVID vaccines. 3 ways to break free

The rapid development and deployment of COVID vaccines has been one of the greatest achievements of the pandemic.

The Conversation

WTO meeting on COVID vaccine rights waiver went 'very well' -chair

The first World Trade Organization meeting to discuss a draft agreement to temporarily waive intellectual property rights for COVID-19 vaccines went "very well", its chair said on Friday, although some members voiced reservations.

Reuters

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Bangkok Post

Action urged on export ban

Thailand is joining 53 member countries to propose the World Trade Organization (WTO) address export bans on food and agricultural products after members who are net food importers raised concerns about food shortages based on the pandemic and the Russia-Ukraine war.

Reuters

WTO chief, U.S. trade representative discuss pandemic response

United States Trade Representative Katherine Tai met World Trade Organization Director General Ngozi Okonjo-Iweala on Thursday and discussed about the ongoing talks among WTO Members to reach an outcome on a pandemic response, Tai's office said.

Reuters

World Bank, IMF, WTO leaders urge quick action on action plan to address food security

The leaders of the International Monetary Fund, World Trade Organization and the World Bank on Friday called for quick work on a new action plan on food security to be prepared by international financial institutions.

Reuters

Russia to update its strategy in World Trade Organization amid sanctions, says Putin

Russian President Vladimir Putin said on Wednesday that "illegal" restrictions on Russian companies by Western states ran counter to World Trade Organization rules and told his government to update Russia's strategy in the WTO by June 1.

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Reuters

IMF, World Bank, WFP and WTO urge coordinated action on food security

The World Bank, International Monetary Fund, UN World Food Program and World Trade Organization on Wednesday called for urgent, coordinated action on food security, and appealed to countries to avoid banning food or fertilizer exports.

The Independent UK

WTO: War in Ukraine to curb trade, economic growth this year

The World Trade Organization is predicting that trade in goods will grow much less than previously expected this year, saying prospects for the global economy have darkened since the onset of Russia’s war in Ukraine

The Independent UK

Russia war ends era of globalization that kept inflation low

For decades, the free flow of trade across much of the world allowed the richest nations to enjoy easy access to low-priced goods and supplies

Bangkok Post

Food supplies take Ukraine war hit

The war in Ukraine is causing immense, heart-wrenching human suffering. At the World Trade Organization (WTO), an institution based on the rule of law and established to help forge peace, we find the violence abhorrent to our fundamental principles. We echo UN Secretary-General Antonio Guterres's call for the bloodshed to…

The Conversation

Why a leaked WTO 'solution' for a COVID patent waiver is unworkable and won't make enough difference for developing countries

There was a brief moment of euphoria last week, when it seemed that COVID-19 vaccines, medicines and supplies might be liberated from the World Trade Organization’s intellectual property rights straitjacket and a patent waiver would make them available and affordable to the unvaccinated in the global south.

ABC News

World Trade Organization appoints panel to rule on Australia China wine dispute

The world's trade umpire appoints an independent panel to hear Australia's dispute with China over damaging wine tariffs.

Reuters

EU considers suspending equal treatment for Russia at WTO

The European Union said it was looking into suspending 'most-favoured nation' (MFN) treatment for Russia at the World Trade Organization over Moscow's invasion of Ukraine, meaning the bloc would be able to hike tariffs or set quotas on Russian imports.

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