world trade organization - updates

Rappler's latest stories on world trade organization


8 contenders battle for WTO leadership

Jul 09, 2020 - 11:10 AM

Candidates from Egypt, Mexico, Moldova, Nigeria, South Korea, Britain, Saudi Arabia, and Kenya are vying to be the next director-general of the World Trade Organization

THE WORLD TRADE ORGANIZATION. The World Trade Organization (WTO) headquarters in Geneva on April 12, 2018. File photo by Fabrice Coffrini/AFP

EU trade chief Hogan drops out of WTO race

Jun 29, 2020 - 11:55 PM

European Union Trade Commissioner Phil Hogan says he will instead focus on challenges confronting the EU

EU TRADE CHIEF. European Union Trade Commissioner Phil Hogan in Washington, DC, on January 16, 2020. Photo by Tasos Katopodis/European Commission-Audiovisual Service

South Korea trade minister runs for WTO top job

Jun 24, 2020 - 11:50 PM

South Korean Trade Minister Yoo Myung-hee is the 5th candidate officially in the race to replace World Trade Organization Director-General Robert Azevedo

South Korean Trade Minister Yoo Myung-hee delivers a speech attend ceremony marking the conclusion of negotiations on a free trade agreement between Israel and the Republic of Korea in Jerusalem on August 21, 2019. - South Korean Trade Minister Yoo Myung-hee and Israeli Economy and Industry Minister Eli Cohen declared the conclusion of their two countries’ joint negotiations on a free trade agreement. (Photo by Gil COHEN-MAGEN / AFP)

Global trade set to shrink 18.5% in Q2 2020 – WTO

Jun 23, 2020 - 6:50 PM

The World Trade Organization expects a 'historically large' fall in trade, but says 'it could have been much worse'

SHIPMENTS. Containers are seen at the international cargo terminal at the port of Tokyo in Japan on March 18, 2020. Photo by Kazuhiro Nogi/AFP

China says U.S. trade sanctions on Hong Kong violate WTO rules

Jun 04, 2020 - 7:30 PM

'If the United States disregards the fundamental principles of international relations and adopts unilateral measures according to its domestic laws, it will violate WTO rules,' says the Chinese commerce ministry

People gather to watch the sunset as they stand on a viewing platform in Tamar Park overlooking Victoria Harbour and the Kowloon skyline in Hong Kong on May 5, 2020. - Hong Kong on May 5 announced plans to ease major social distancing measures, including reopening schools, cinemas, bars and beauty parlours after the Chinese territory largely halted local transmission of the deadly coronavirus. (Photo by Anthony WALLACE / AFP)

'It's time': Egyptian urges WTO to pick African as new chief

May 30, 2020 - 11:30 AM

Hamid Mamdouh, a candidate for World Trade Organization director-general, says African countries are determined to take the reins of the global body for the first time

Candidate for the Director General of the World Trade Organization Hamid Mamdouh poses in front of the WTO headquarters on May 28, 2020 in Geneva during an interview with AFP. - "It's time" to have an African at the head of the WTO, for the first time, says Swiss-Egyptian Hamid Mamdouh, who covets the soon-to-be-vacant post of Director-General of the World Trade Organization (WTO). (Photo by Fabrice COFFRINI / AFP)

WTO to open nominations for next director on June 8

May 21, 2020 - 9:15 AM

The surprise resignation of Roberto Azevedo leaves World Trade Organization members with less than 3 months to appoint his successor, a process which usually takes 9 months

ROBERT AZEVEDO. World Trade Organization Director-General Roberto Azevedo gestures after he speaks to reporters on February 22, 2017 in Geneva.File photo by Fabrice Coffrini / AFP

WTO chief to step down early as global economic crisis rages

May 15, 2020 - 8:00 AM

World Trade Organization Director-General Roberto Azevedo says his resignation, effective August 31, is a 'personal decision' reached with his family

World Trade Organization Director-General Roberto Azevedo arrives to speak to reporters on February 22, 2017 in Geneva after the body ratified its first-ever multilateral trade deal. Photo by Fabrice Coffrini / AFP

[OPINION] Global food security crisis not merely a ‘logistics’ issue

May 01, 2020 - 1:59 PM

'The right to food and a nation’s capacity to produce domestic food should not be decided by market forces'

IMF, WTO warn against export controls on medical supplies, food

Apr 24, 2020 - 11:45 PM

Disruptions to supply chains and misdirection of critical products could 'prolong and exacerbate the health and economic crisis'

SAN PEDRO, CALIFORNIA - NOVEMBER 07: Shipping containers, some marked 'China Shipping', are stacked at the Port of Los Angeles, the nation's busiest container port, on November 7, 2019 in San Pedro, California. Port officials said today October cargo volume was down 19 percent this year compared with October 2018 due to tariffs imposed in the U.S.-China trade war. The Port of Los Angeles along with neighboring Port of Long Beach are the United States' main gateways for trade with Asia. Mario Tama/Getty Images/AFP

Global trade will plunge by up to 32% in 2020 – WTO

Apr 08, 2020 - 10:50 PM

(UPDATED) The World Trade Organization warns this 'may well be the deepest economic recession or downturn of our lifetimes'

Container carrier vehicles are pictured at the container terminal 'Eurogate' in the harbor of the northern German city of Hamburg on March 26, 2020. - German consumer confidence has hit its lowest level since the last global economic crisis, a key survey found on March 26, 2020, as Europe's top economy braces for the impact of COVID-19. (Photo by MORRIS MAC MATZEN / AFP)

World faces food crisis in wake of coronavirus – U.N., WHO, WTO

Apr 01, 2020 - 8:33 PM

Over the longer term confinement orders and travel restrictions risk causing disruptions in agricultural production due to the unavailability of agricultural labor and the inability to get food to markets

WTO authorizes Chinese tariffs on $3.6B in U.S. goods in anti-dumping tiff

Nov 01, 2019 - 11:44 PM

The decision marks the first time the World Trade Organization has authorized China to impose tariffs in a trade dispute

WTO. A delegate leaves a World Trade Organization building during the 2018 edition of the WTO public forum on sustainable trade, on October 2, 2018 at the WTO headquarters in Geneva. File photo by Fabrice Coffrini/AFP

WTO approves U.S. tariffs worth $7.5B on EU goods in Airbus retaliation

Oct 02, 2019 - 10:48 PM

The ruling is the largest arbitration award in World Trade Organization history and a landmark moment in the 15-year long Airbus-Boeing battle

US TARIFFS. The World Trade Organization headquarters in Geneva on April 12, 2018. File photo by Fabrice Coffrini/AFP

China lodges WTO trade complaint against U.S.

Sep 02, 2019 - 10:34 PM

'These American tariffs seriously violate the consensus reached by the leaders of our two countries in Osaka,' Beijing's commerce ministry says, referring to trade discussions in the Japanese city in June

TRADE WAR. The World Trade Organization headquarters in Geneva on April 12, 2018. File photo by Fabrice Coffrini/AFP

PH urges Thailand to comply with customs valuation reforms on cigarette exports

Jul 12, 2019 - 8:09 PM

The World Trade Organization rules in favor of the Philippines a third time in its decade-long cigarette export dispute against Thailand

WTO to probe Trump's China tariffs

Jan 28, 2019 - 11:20 PM

Under WTO regulations, parties in a dispute can block a first request for the creation of an arbitration panel, but if the parties make a second request, it is all but guaranteed to go through

THE WORLD TRADE ORGANIZATION. The World Trade Organization (WTO) headquarters in Geneva on April 12, 2018. File photo by Fabrice Coffrini/AFP

WTO talks launch in rare win for global order

Jan 25, 2019 - 11:15 PM

The announcement by roughly half of the 164-member World Trade Organization is a rare win for international cooperation

AT DAVOS. EU Commissioner for Trade Cecilia Malmstrom, Cathay Capital Private Equity Founder and President Cai Mingpo, Deutsche Bank CEO Christian Sewing, moderator Paula J. Dobriansky, UPS Chairman and CEO David Abney and World Trade Organization (WTO) Director-General Roberto Azevedo attends a session during the World Economic Forum (WEF) annual meeting, on January 24, 2019 in Davos, eastern Switzerland. File photo by Fabrice Coffrini/AFP

Global trade wars risk 'millions of jobs' – WTO chief

Oct 18, 2018 - 1:01 PM

'A continued escalation of tensions would pose real risks,' says World Trade Organization chief Roberto Azevedo

ROBERT AZEVEDO. World Trade Organization Director-General Roberto Azevedo gestures after he speaks to reporters on February 22, 2017 in Geneva.File photo by Fabrice Coffrini / AFP

'Shape up or we'll quit', Trump tells WTO

Aug 31, 2018 - 4:49 PM

'If they don't shape up, I would withdraw from the WTO,' Trump says, describing the agreement to set the organization up as 'the single worst trade deal ever made'

THREATENING TO QUIT. US President Donald Trump doesn't want to invite Cleveland Cavaliers nor the Golden State Warriors for an official White House visit. AFP Photo

China blasts U.S. solar tariffs, takes WTO action

Aug 15, 2018 - 2:33 PM

China's commerce ministry accuses Washington of erecting trade barriers while subsidizing its domestic industry

WTO. The World Trade Organization (WTO) headquarters are seen in Geneva on April 12, 2018. Photo by Fabrice Coffrini/AFP

China files new complaint at WTO over US tariffs

Jul 06, 2018 - 11:47 PM

'China lodged an additional complaint with the World Trade Organization... over tariffs formally implemented by the United States,' Xinhua reports, citing a statement by the commerce ministry

EU asks WTO for safeguards over U.S. steel, aluminum tariffs

Apr 17, 2018 - 4:37 PM

'In these discussions, the European Commission is insisting on getting a full and unconditional exemption from the announced steel and aluminum tariffs'

Trump angers China, South Korea with new trade tariffs

Jan 23, 2018 - 3:45 PM

US President Donald Trump approves steep tariffs on imports of solar panels and washing machines to protect US producers

FACING TARIFFS. This file photo taken on January 6, 2016 shows an exhibitor demonstrating an Inverter Direct Drive washing machine at the LG exhibit during the 2016 Consumer Electronics Show in Las Vegas, Nevada. David McNew/AFP

U.S. says 'litigation-centered' WTO losing focus

Dec 12, 2017 - 9:22 AM

Trump has long made the WTO a preferred target of its "America First" policy, threatening to pull Washington out of the trade organization it says is hampering its ability to compete

WTO CRITIC. US Trade Representative Robert Lighthizer speaks during the 11th Ministerial Conference of the World Trade Organization (WTO) plenary session in Buenos Aires, Argentina, on December 11, 2017. Eitan Abramovich/AFP

Under-fire WTO meets in Buenos Aires

Dec 09, 2017 - 3:49 PM

Expectations of any kind of a breakthrough at the Buenos Aires meeting are low

Teehankee back as PH ambassador to World Trade Organization

Dec 05, 2017 - 11:17 AM

Foreign affairs undersecretary Manuel Antonio 'Dondi' Teehankee had served in the same post from 2004 to 2011

President Rodrigo Roa Duterte discusses matters with Foreign Affairs Secretary Alan Peter Cayetano, Trade and Industry Secretary Ramon Lopez and Foreign Affairs Undersecretary for International Economic Relations Manuel Teehankee upon the President's arrival at the Premier Village in Da Nang, Vietnam on November 8, 2017. Malacañan Photo

WTO to hear Qatar's complaint against UAE over blockade

Nov 23, 2017 - 7:23 AM

The World Trade Organization agrees to hear Qatar's complaint against the United Arab Emirates over a 5-month old blockade that has triggered a diplomatic crisis in the Gulf

The flag of the State of Qatar (center) flying at United Nations headquarters in New York. 14 July 2016, United Nations, New York. UN Photo/Loey Felipe

Trump defiant on trade, vows to put 'America First'

Nov 10, 2017 - 3:33 PM

China's Xi Jinping is also set to deliver a speech, likely to present a competing narrative casting China as the leader of global free trade, a role vacated by America

DONALD TRUMP. US President Donald Trump speaks on the final day of the APEC CEO Summit, part of the broader Asia-Pacific Economic Cooperation (APEC) leaders' summit, in the central Vietnamese city of Danang on November 10, 2017. Photo by Anthony Wallace/AFP

Qatar files WTO complaint over Gulf trade 'siege'

Aug 01, 2017 - 9:46 AM

Qatar: The complaint accuses the siege countries of violating the WTO s core laws and conventions on trade of goods and services and trade related aspects of intellectual property

CLOSED BORDER. A general view of the Qatari side of the Abu Samrah border crossing with Saudi Arabia on June 23, 2017. Karim Jaafar/AFP

WTO faces first attack from U.S. under Trump

Mar 03, 2017 - 12:03 AM

The US decision is a clear break from precedent and could threaten the viability of the WTO s Dispute Settlement Body DSB where major trade conflicts have been adjudicated

ROBERT AZEVEDO. World Trade Organization Director-General Roberto Azevedo gestures after he speaks to reporters on February 22, 2017 in Geneva.Photo by Fabrice Coffrini / AFP

WTO ratifies first multilateral trade deal

Feb 22, 2017 - 11:32 PM

Poorer countries are expected to reap the most benefits from the Trade Facilitation Agreement of the World Trade Organization through provisions that will improve access to richer markets for their products

TRADE DEAL. World Trade Organization Director-General Roberto Azevedo arrives to speak to reporters on February 22, 2017 in Geneva after the body ratified its first-ever multilateral trade deal. Photo by Fabrice Coffrini / AFP

WTO chief says no 'indication' U.S. will quit body under Trump

Nov 24, 2016 - 8:40 PM

During his campaign which repeatedly attacked global trade deals President elect Trump calls the WTO a disaster and said the US could quit the Geneva based body Azevedo stresses it was premature to speculate on what Trump may do in office

TRUMP. President-elect Donald Trump walks through the lobby of the New York Times following a meeting with editors at the paper on November 22, 2016 in New York City. Photo by Spencer Platt/Getty Images/AFP

China says grain subsidies abide by WTO rules

Sep 14, 2016 - 10:15 PM

The United States is challenging China s unfair trade incentives worth 100 billion

A Chinese farmer harvests wheat at the field in Lixin county, east China's Anhui province on June 16, 2011. China's early dry spell has afflicted China's wheat heartland for a few months, causing mounting concern abroad that world commodity prices would soar if the country were to buy a large amount of the grain overseas due to a crop failure. CHINA OUT AFP PHOTO / AFP PHOTO / STR

Trump says US could pull out of World Trade Organization

Jul 25, 2016 - 1:45 AM

The Republican presidential candidate also says some countries within NATO are taking advantage of the US and America can no longer be the stupid country

epa05436090 Republican Presidential nominee Donald Trump delivers his address during the final day of the 2016 Republican National Convention at Quicken Loans Arena in Cleveland, Ohio, USA, 21 July 2016. Donald Trump formally accepted the nomination of the Republican Party as their presidential candidate in the 2016 election. EPA/MICHAEL REYNOLDS

China: Export curbs 'in line with WTO rules'

Jul 20, 2016 - 8:30 PM

In response to EU and US allegations Beijing s commerce ministry says export duties and quotas over raw materials are also meant to protect the environment

epa01839780 A cargo ship loaded with containers leaves the Yangluo Container Port on the Yangtze River in Wuhan in central China's Hubei province 28 August 2009. China has narrowly surpassed Germany as world's top exporter for the first time, according to a report by the World Trade Organization (WTO). EPA/ZHOU CHAO

Recall Teehankee DFA appointment, labor groups ask Duterte

Jul 15, 2016 - 4:55 PM

UPDATED Teehankee says No harm was intended and all wages as sanctioned by Philippine and Swiss regulations have been long paid and settled

DFA USEC. Undersecretary Manuel Teehankee photo from his Facebook page

US challenges China over raw materials duties at WTO

Jul 14, 2016 - 4:30 PM

These duties are China s attempt to game the system so that raw materials are cheaper for their manufacturers and more expensive for ours says US Trade Representative Michael Froman

US Trade Representative Michael Froman announces that the US and China signed an agreement ending certain Chinese export subsidies on April 14, 2016 in Washington,DC. / AFP PHOTO / NICHOLAS KAMM

G20 nations pledge to boost trade despite growing protectionism

Jul 10, 2016 - 5:21 PM

UPDATED Nations pledge to oppose trade protectionism and reiterate a promise not to add new protective measures until 2018

SUMMIT. Ministers and their delegation members attend the opening session of the G20 Trade Ministers Meeting in Shanghai, China. China is the host country for this year's G20 Summit. Photo by Raj Wong/EPA

WTO cuts 2016 global trade forecast to 2.8%

Apr 08, 2016 - 2:15 PM

Trade is still registering positive growth albeit at a disappointing rate says WTO Director General Robert Azevedo

epa05247499 Roberto Azevedo, the World Trade Organization (WTO) Director-General, speaks during a press briefing on the 2016 global trade forecast, at the WTO headquarters in Geneva, Switzerland, 07 April 2016. EPA/MARTIAL TREZZINI

Thousands march in Brussels against cheap Chinese steel imports

Feb 15, 2016 - 10:05 PM

Thousands of European steelmakers descend on the EU capital Brussels demanding that officials do more to stop the flood of cheap imports from China

PROTEST. Thousands of European steel workers protest against Chinese dumping prices in Brussels, Belgium, 15 February 2016. Photo by Stephanie Lecocq / EPA

Liberia joins World Trade Organization

Dec 17, 2015 - 1:13 AM

WTO Director General Roberto Azevedo welcomed Liberia in the organisation and promising to support the west African nation

NEW MEMBER. Members of Liberia's delegation follow proceedings during Liberia's accession to the World Trade Organisation (WTO) in Nairobi. Photo by Tony Karumba/AFP

APEC 2015: Summit ends with looming trade deal competition

Nov 19, 2015 - 7:52 PM

The leaders declaration reiterates the need for an APEC wide free trade agreement

CONCLUDING. The leaders of Asia-Pacific Economic Cooperation's (APEC) 21 economies discuss how to boost regional trade at the 2015 APEC Economic Leaders' Meeting held on Thursday, November 19, 2015.

Is Trans-Pacific Partnership friendly to small businesses?

Nov 19, 2015 - 6:43 AM

New Zealand and Hong Kong s leaders also weigh in on a trade deal for the region while China pushes for the FTAAP

Are there alternatives to APEC's 'exploitative' agenda?

Nov 17, 2015 - 10:58 PM

Policies should come from the people and not from governments controlled by capitalists says an activist opposing the APEC Summit

ANTI-APEC. Experts from various fields give alternatives on the exploitative agenda of APEC during the People's APEC Forum 2015. Photo by David Lozada/ Rappler

APEC: Special lanes for whom?

Nov 14, 2015 - 10:47 PM

There was a time before APEC and before the era of globalization that people s lives got better even if slowly and sometimes haltingly and economic policy was not so methodical in supporting corporate profits and swelling oligarchic wealth

Philippines formalizes push for MSMEs adoption by WTO

Oct 05, 2015 - 6:51 PM

The Senate also approves the bill seeking to provide micro small and medium entrepreneurs more access to micro financing

FORMALIZATION. The Philippine Mission to the World Trade Organization in Geneva has already submitted two documents on “Fostering the Participation of MSMEs in Regional and Global Markets," the Department of Trade and Industry (DTI) announced via a website post on Monday, October 5, 2015.

DTI chief makes final push for MSMEs initiatives

Sep 17, 2015 - 6:34 PM

Gregory Domingo also confirms he will stay as DTI chief at least until after the country s hosting of the APEC Leaders’ Summit in November

FINAL PUSH. DTI chief Gregory Domingo says he will continue pushing initiatives for micro, small and medium enterprises, which represent 98% of all registered businesses.

PH gov't opens lower tariff scheme for rice importers in June

Jun 07, 2015 - 7:47 PM

The minimum access volume scheme allows importers from the private sector to bring in rice at lower costs until 2017

APEC trade ministers meet on inclusive growth

May 24, 2015 - 10:44 PM

The meetings also attended by ASEAN and WTO officials placed emphasis on cross border opportunities for SMEs

APEC 2015. APEC trade ministers hold 2 day meeting in Boracay to discuss inclusive growth. File Photo / EPA