wto - updates

Rappler's latest stories on wto


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

'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

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)

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 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

'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

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 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

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

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

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

Indonesia diadu Brazil ke WTO

Apr 06, 2016 - 7:43 PM

Brazil bisa membawa kasus tersebut ke panel WTO setelah 60 hari

Kementerian Perdagangan umumkan akan mengendalikan impor daging sapi dari Australia per Juli 2015. Foto oleh Dave Hunt/EPA

Protes pajak sawit, Mendag Tom Lembong kirim surat ke Perancis

Feb 04, 2016 - 11:28 PM

Dalam suratnya Tom Lembong menegaskan dampak buruk bagi 16 juta orang yang terkait dengan sektor sawit di Indonesia

KEBUN SAWIT. Area kebun sawit di Indragiri Hulu, Provinsi Riau, Mei 2013. Foto oleh Bagus Indahono/EPA

Benarkah Indonesia serahkan diri ke negara maju di pertemuan WTO?

Dec 30, 2015 - 10:14 PM

Paket Nairobi dianggap tak menunjukkan kemajuan berarti Jurang antara negara kaya dan negara berkembang makin lebar

Kelompok anti World Trade Organisation (WTO) berunjuk rasa di Nairobi, Kenya, 16 Desember 2015. Stringer/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.

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.

Is Nanay Tess' bagoong ready for ASEAN integration?

Jun 14, 2015 - 8:33 PM

Will a borderless economic community by yearend hurt or benefit microenterprises in the Philippines like Nanay Tess bagoong business?

SMELL OF SUCCESS. Teresita Valdez aims to be the country's no.1 bagoong exporter. The photo from Citi Philippines shows Valdez and her husband overlooking the operations of their bagoong factory

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

WTO to help settle US, New Zealand farm trade row with Indonesia

May 21, 2015 - 9:57 AM

Indonesia s protectionist import policies on agricultural product backfired

A women walking through a farm in Bali, Indonesia. Foto by Anton Muhajir/Rappler

South Korea launches new trade dispute with US – WTO

Dec 22, 2014 - 9:39 PM

The move comes in response to a US decision in July to impose duties of up to 16 on South Korean steel pipes and tubes used for oil drilling Dow Jones Newswires reports

US seeks to revive trade with India after WTO row

Nov 24, 2014 - 11:17 PM

US Trade Representative Michael Froman says US believes in the promise of India which trades around 100 billion with the world s largest economy

WTO at a crossroads amid blocked trade deal

Oct 12, 2014 - 1:01 PM

The World Trade Organization s continued sparring between members puts the long sought Trade Facilitation Agreement on ice

WTO Director-General Roberto Azevedo of Brazil (L) looks on next to the chairperson of the general meeting, Ambassador Shahid Bashir (R), on November 26, 2013 in Geneva, after a crunch general council meeting to decide whether they could put a deal on the table at a make or break summit next month. AFP PHOTO / FABRICE COFFRINI

Customs to sell P160M smuggled rice

Sep 28, 2014 - 5:09 PM

The bureau also busted 4 000 sacks of undocumented rice in Zamboanga Del Sur on September 27

WTO fails to agree on key trade deal

Aug 01, 2014 - 11:29 AM

The World Trade Organization s 160 members failed to agree on the Trade Facilitation Agreement in a move the US said left the body on uncertain new ground

FAILED. WTO chief Roberto Azevedo said the body failed to find a solution over the Trade Facilitation Agreement, which deadline for the deal was Thursday, July 31. File photo by Mast Irham / EPA

WTO committee allows PH to keep high duties on imported rice

Jun 23, 2014 - 11:15 AM

This gives the country until 2017 to implement quantitative restriction on rice

NO IMPORTS. The Philippines aims to have no more rice imports by 2014, but in the meantime still relies on imported rice leading to a hike in prices. File photo by AFP

Far-right set to cement gains in local French elections

Mar 30, 2014 - 4:35 PM

Popular Interior Minister Manuel Valls is widely tipped to replace current Prime Minister Jean Marc Ayrault

How to discourage rice smuggling

Mar 28, 2014 - 6:52 PM

Can the Philippines stop rice smuggling? Experts say yes through policies governing domestic rice prices and rice trade

RICE SMUGGLING. Can the Philippines stop rice smuggling? Experts say yes, through policies governing domestic rice prices and rice trade. File photo by Noel Celis/AFP

Senators to DOJ: Legal stand on rice import quotas needed

Jan 22, 2014 - 9:11 PM

Senate President Drilon says a vague interpretation of whether WTO quotas have been lifted is being exploited by rice smugglers

WTO hails 'historic' trade agreement

Dec 07, 2013 - 3:19 PM

UPDATED Simplification of customs procedures pledges to limit agricultural subsidies and aid for least developed countries are part of the new agreement

MILESTONE AGREEMENT. Indonesia's Trade Minister Gita Wirjawan (right) shakes hands with World Trade Organization (WTO) Director General Roberto Azevedo after the final agreement before the closing ceremony of the WTO conference in Nusa Dua, Indonesia. Photo from Agence France-Presse/Sonny Tumbelaka

India rejects WTO proposals in Bali

Dec 04, 2013 - 11:52 AM

The move casts a gloom over a high stakes conference tasked with salvaging the WTO s faltering efforts to liberalize world trade

India's Minister of Commerce and Industry, Anand Sharma (C) attends the WTO conference in Nusa Dua, on Indonesian resort island of Bali on December 4, 2013. AFP PHOTO/Sonny Tumbelaka

WTO's global role hangs in the balance at Bali summit

Dec 03, 2013 - 12:02 PM

The WTO launches a frantic drive to salvage its floundering efforts to liberalize global trade at a summit opening December 3

PUSH. WTO chief Roberto Azevedo is pushing hard  keep alive the Doha Round of talks on slashing international trade barriers.Photo by Mast Irham/EPA

WTO: Breakthrough in trade talks with customs accord

Nov 29, 2013 - 6:34 AM

Diplomats in Geneva secure agreement on a key sticking point of a trade package to be put to ministers at a crunch summit next week

WTO Director-General Roberto Azevedo of Brazil (L) looks on next to the chairperson of the general meeting, Ambassador Shahid Bashir (R), on November 26, 2013 in Geneva, after a crunch general council meeting to decide whether they could put a deal on the table at a make or break summit next month. AFP PHOTO / FABRICE COFFRINI

WTO chief says global trade deal within reach

Oct 05, 2013 - 8:34 PM

Although the areas under negotiation are limited the gains can be enormous Azevedo says

CLOSE. World Trade Organization Director General Roberto Azevedo (L) talks to journalists during a joint press conference with Indonesian Trade Minister Gita Wirjawan on the sideline of the APEC Ministerial Meeting. Photo by Mast Irham/EPA

China to deal 'appropriately' with EU steel challenge

Jun 14, 2013 - 2:52 PM

China said it will deal appropriately with the European Union s decision to challenge it at the World Trade Organization after Beijing slapped duties on some steel products in the latest salvo in the row between the two sides

EU VS CHINA. The row between the two trading partners escalates. This AFP file photo shows red hot steel being flattened in the hot rolling plant at the Baosteel steel mill in Shanghai

WTO set to pick new leader

May 06, 2013 - 11:57 AM

The World Trade Organization is close to choosing its next leader in a final round pitting Brazil against Mexico with the winner facing the tough task of restoring the clout of global commerce s rule setting body

FINAL CANDIDATES. Brazil's ambassador to the WTO, Roberto Azevedo (R) and Mexican economist and former minister Herminio Blanco, are the two final candidates to lead the World Trade Organization (WTO), which is set to have its first full-term leader from an emerging country, after the candidates of Brazil and Mexico made the final round to succeed Frenchman Pascal Lamy. Photos from AFP

Laos to become WTO member on February 2

Jan 10, 2013 - 10:40 PM

Laos worked on membership for 15 years before the WTO general council accepted its bid on October 26

WTO delays decision on PH's rice import limit

Nov 28, 2012 - 5:21 PM

Farmers will have to wait until March 2013 before the World Trade Organization WTO can decide on the request of the Philippines to extend the Quantitative Restriction QR on rice