At a heads of delegation meeting on 6 July, participants in the e-commerce talks reaffirmed their commitment to a substantial conclusion of the negotiations by the end of 2023, with development issues at the heart of the future outcome.
Five regional trade agreements (RTAs) were considered by WTO members at the 5 July meeting of the Committee on Regional Trade Agreements. Members also discussed how to enhance the functioning of the Committee, considering a new communication from China.
“Let’s keep the momentum up”, stressed the co-conveners of the e-commerce negotiations — Japan, Australia and Singapore — at their latest meeting with WTO members participating in the negotiations from 19 to 22 June 2023.
Transparency is key to improving supply chains. We need to know more about who is involved and what is going on at all points in the process. That is why digitalization is so important. Shift trade and supply chains into the digital world, away from the ponderous process of paper documentation that exists now, and you have a system that can be better measured, monitored and regulated.
Ambassadors and high-level representatives of Canada, the European Union, Iceland, Nigeria, Singapore, Switzerland, the United Arab Emirates and the United States highlighted the Agreement’s importance to a variety of economies and shared experiences with domestic acceptance processes at the 21 June event “WTO Agreement on Fisheries Subsidies — Race to Entry into Force.”
The fight against the pandemic has left a large imprint on the US Federal Reserve’s balance sheet. Since the outbreak of the pandemic in early 2020, the US Fed has purchased a wide range of assets and pumped liquidity into the financial system to cushion the impact of the pandemic and fiscal stimulus on interest rates.
Hong Kong’s exports fell in May for a 13th consecutive month as weak demand for goods from China and the world continue to pose challenges for the financial hub’s economic outlook.
The Thai economy demonstrates strong recovery and active imports as the Thai government’s net income during the first two-thirds of fiscal 2023 has surpassed projections by 122 billion baht.
Treasurer Jim Chalmers announced a surplus was forecast for the fiscal year ending June 30 ahead of releasing the government’s economic blueprint for next year that aims to ease financial hardships of the most needy without stoking stubbornly high inflation.
Islamabad: Pakistan and Japan have agreed to enhance their bilateral cooperation in various sectors, including trade, IT, solar energy, and the movement of skilled workers.
The Indian government said on Wednesday that gross domestic product grew 6.1% on the year in the January-March period, up from 4.5% in the previous quarter, as the economy continues to recover from the effects of the pandemic.
EU and China must continue to be partners, but the EU must be less dependent on China in critical areas. This is the conclusion of EU leaders on Friday, June 30, at a summit in Brussels.
19 - 28 June 2023
Room XIX, Palais des Nations
05 July 2023
09:00 - 17:00 hrs.
06 - 13 August 2023
Thailand Science Research and Innovation (tbc)
16 - 20 October 2023
Abu Dhabi, United Arab Emirates
20 - 23 November 2023
Palais des Nations
30 November - 01 December 2023
Palais des Nations
Copyright © 2023 Global Trade Port Investment Fund - All Rights Reserved.