World Trade Organization

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WTO: World trade to grow again after 1.2% fall in 2023 

Global merchandise trade is set to return to growth this year and in 2025, after falling by 1.2% by volume in 2023.   But regional conflicts and geopolitical tensions ‘pose substantial downside risks to the forecast’, the World Trade Organization said.  In its latest ‘Global Trade Outlook and Statistics’ report, published …

E-commerce & services Latest news Other JSI World Trade Organization

WTO: Permanent import duty ban challenges e-commerce deal 

The final draft text of the so-called ‘joint statement initiative’ agreement on electronic commerce includes a commitment to refrain from imposing import duties on e-commerce transactions.  If agreed, all 90 negotiation participants will not place tariffs on e-commerce transactions even if the current general World Trade Organization moratorium expires as …

A week in Brussels Energy Charter Treaty Latest news Malaysia Ukraine, Russia & CIS WTO dispute settlement

Week in Brussels: ECT exit, Moldova too, EU Japan data flows, Malaysia on WTO ruling

It’s been a big week for the big supply chain sustainability pieces of legislation of the soon-ending von der Leyen European Commission. A trilogue deal on forced labour was inked, and Coreper might well also endorse a watered-down version of the CSDDD corporate sustainability due diligence legislation today. It’s also …

Energy & Environment Indonesia Latest news Malaysia South Asia & ASEAN WTO dispute settlement

Malaysia palm oil WTO panel divided over EU protectionist intent

The World Trade Organization released the panel report in one of the two cases brought by two world leading producers of palm oil against a European Union directive that excludes the oil produced in their countries from its future biofuels mix. The lengthy 348-page report does not settle for good …