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news and events

Co-convenors of e-commerce negotiations review progress, reflect on way forward

Members consider five regional trade agreements, discuss improving functioning of Committee

Members consider five regional trade agreements, discuss improving functioning of Committee

 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.  

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Members consider five regional trade agreements, discuss improving functioning of Committee

Members consider five regional trade agreements, discuss improving functioning of Committee

Members consider five regional trade agreements, discuss improving functioning of Committee

 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. 

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E-commerce negotiators continue to seek “landing zones” on text proposals

Members consider five regional trade agreements, discuss improving functioning of Committee

E-commerce negotiators continue to seek “landing zones” on text proposals

 “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.  

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Transparency Will Make Global Trade and Supply Chains More Resilient, Socially Responsible

Transparency Will Make Global Trade and Supply Chains More Resilient, Socially Responsible

Transparency Will Make Global Trade and Supply Chains More Resilient, Socially Responsible

 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. 

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First members to formally accept Fisheries Subsidies Agreement urge others to follow suit

Transparency Will Make Global Trade and Supply Chains More Resilient, Socially Responsible

Transparency Will Make Global Trade and Supply Chains More Resilient, Socially Responsible

 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.” 

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The Implications for Asia of US Monetary Policy

Transparency Will Make Global Trade and Supply Chains More Resilient, Socially Responsible

The Implications for Asia of US Monetary Policy

 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. 

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topics

Hong Kong Exports Fall as Global Demand Slump Weighs on Economy

Thai economy booms as government’s fiscal income beats projections

Thai economy booms as government’s fiscal income beats projections

 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.  

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Thai economy booms as government’s fiscal income beats projections

Thai economy booms as government’s fiscal income beats projections

Thai economy booms as government’s fiscal income beats projections

 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. 

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Australia forecasts first annual budget surplus in 15 years

Thai economy booms as government’s fiscal income beats projections

Pakistan and Japan strengthen bilateral cooperation in diverse sectors

 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. 

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Pakistan and Japan strengthen bilateral cooperation in diverse sectors

Pakistan and Japan strengthen bilateral cooperation in diverse sectors

Pakistan and Japan strengthen bilateral cooperation in diverse sectors

 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. 

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India GDP beats forecasts with 6.1% jump in March quarter

Pakistan and Japan strengthen bilateral cooperation in diverse sectors

EU countries will continue China trade but reduce dependence

 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. 

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EU countries will continue China trade but reduce dependence

Pakistan and Japan strengthen bilateral cooperation in diverse sectors

EU countries will continue China trade but reduce dependence

 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.  

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events

Trade and Development Board, seventieth session

Training for female entrepreneurs on the Bio-Circular-Green Economic (BCG) Model

Trade and Development Board, seventieth session

 19 - 28 June 2023

Room XIX, Palais des Nations

Geneva, Switzerland

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Launch of the World Investment Report 2023

Training for female entrepreneurs on the Bio-Circular-Green Economic (BCG) Model

Trade and Development Board, seventieth session

  05 July 2023

09:00 - 17:00 hrs.

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Training for female entrepreneurs on the Bio-Circular-Green Economic (BCG) Model

Training for female entrepreneurs on the Bio-Circular-Green Economic (BCG) Model

Training for female entrepreneurs on the Bio-Circular-Green Economic (BCG) Model

 06 - 13 August 2023

Thailand Science Research and Innovation (tbc)

Bangkok, Thailand

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World Investment Forum 2023

Working group on measuring e-commerce and the digital economy, fourth meeting

Training for female entrepreneurs on the Bio-Circular-Green Economic (BCG) Model

 16 - 20 October 2023

Abu Dhabi, United Arab Emirates

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Trade and Development Board, 74th executive session

Working group on measuring e-commerce and the digital economy, fourth meeting

Working group on measuring e-commerce and the digital economy, fourth meeting

20 - 23 November 2023

Palais des Nations

Geneva, Switzerland

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Working group on measuring e-commerce and the digital economy, fourth meeting

Working group on measuring e-commerce and the digital economy, fourth meeting

Working group on measuring e-commerce and the digital economy, fourth meeting

 30 November - 01 December 2023

Palais des Nations

Geneva, Switzerland

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