Can the world navigate its way through the supply chain and price crises triggered by Russia’s invasion of Ukraine without triggering large-scale rejection of the principles of an open trading system?
WTO crisis and reform
The new director-general of the World Trade Organization is serious about her desire to see change in the way things get done in Geneva. Her ambitions have irked some diplomats and also created a furore over a slew of resignations in the WTO secretariat that have come to light in …
New disputes raised at the WTO and an accession process starting at the OECD demonstrates countries across the world still see value in plurilateral and multilateral institutions.
There was much less of a void at or around the WTO this week. Here a round-up of developments around the world trade instirution this week. Today trade ministers are holding their annual Swiss-hosted informal WTO ministerial not, as usual, on the sidelines of Davos but online.
So it looks like after the EU created a precedent, we will have a second WTO member considering retaliation against members ruling into the void….By Iana Dreyer and Chris Horseman.
Another year dawns, and still the World Trade Organization refuses to die. A preview of what’s in store in Geneva by Chris Horseman and Rob Francis.
The World Trade Organization has been “notorious by its absence” when it comes to responding to the contemporary challenges around global trade, according to the EU Ambassador to the WTO João Aguiar Machado who was speaking at an event hosted by Brussels’ Amcham EU on Wednesday (15 December). Call for US engagement …
Over 80 World Trade Organization members today put their name to one or more of three ministerial statements covering environmental sustainability during an official launch event held by video conference. The statements concern Trade and Environmental Sustainability, Plastic Pollution and Environmentally Sustainable Plastics Trade, and Fossil Fuel Subsidy Reform. They …
The last-minute postponement of the WTO Ministerial Conference late last week, nominally the result of a change to Swiss COVID-19 related travel rules, was unfortunate. But it is also illustrative of an organisation in decline – and nobody can realistically be expected to come to the rescue.
The expected outcomes from the coming 12th ministerial conference of the World Trade Organization will likely be disappointing overall. But members of the global trade institution still have the chance to make a difference – through showing genuine support for its role.