The Director-General of the World Trade Organisation (WTO), Roberto Azevêdo, has said the trading system must evolve if it is to have a bright future. Azevêdo described the risks posed by the current trade tensions, which he said brought the need to address the challenges in the trading system into even sharper focus. The WTO […]
Read More
Participating in a series of ministerial discussions during the just concluded World Economic Forum’s (WEF) annual meetings in Davos, Switzerland, the Director-General of the World Trade Organisation (WTO), Roberto Azevêdo reviewed the challenges and opportunities facing global trade today, and stressed that the trading system must evolve if it is to remain relevant. The meetings […]
Read More
African leaders have signed what is being called the largest free trade agreement since the creation of the World Trade Organization. The deal creates a continental market of 1.2 billion people, with a combined gross domestic product of more than $3.4 trillion. A major goal is to boost intra-African trade and rely less on the […]
Read More Nigeria, Brazil, China, the European Union (EU) and other leading economic powers announced that they have made tremendous progress on investment facilitation initiative for development. The group made this known in Marrakech, Morocco, during the World Trade Organisation (WTO) Mini-Ministerial meeting. In a breakthrough for Nigeria, the group of World Trade Organisation (WTO) Friends of […]
Read More Government of Ireland is giving out €350,000 (CHF 367,000) to Nigeria and other developing countries as part of efforts to encourage them participate in world trade. According to the World Trade Organisation (WTO), the contribution from the government of Ireland was for WTO trade-related programmes to help developing countries and, in particular, least developed countries […]
Read More
South Africa is proposing to put emergency “safeguard” tariffs on imports of certain flat hot-rolled steel products from July, it said in a filing published by the World Trade Organization on Thursday. The tariff would be in place for three years, and fall from 12 percent in the first year to 10 percent in the […]
Read More
The head of the World Trade Organization said on Wednesday the United States continued to hold a pivotal role in global commerce, and he would support the administration of Donald Trump in ensuring trade was a positive force for job creation. “U.S. leadership in the global economy and the multilateral trading system remains vital,” WTO […]
Read More
