Author Archive

International Trade, News

October 5, 2023

On October 5, the WTO Sub-Committee on Least-Developed Countries (LDCs) delved into the role of preferential rules of origin in expanding trade opportunities for LDCs. The session also featured an experience-sharing segment where representatives from academia and the private sector shed light on the challenges and opportunities LDCs encounter when making use of trade preferences. […]

China, International Trade, News

October 5, 2023

The International Trade Council reports that a significant portion of the unprecedented physical delivery of sugar by commodities traders upon the expiration of the October futures contract on the Intercontinental Exchange (ICE) will be directed to China, based on information provided by two traders familiar with the transactions.   Wilmar International, the Singapore-based food trader […]

The International Trade Council reports that the U.S. economy has experienced positive developments, with the number of Americans filing new claims for unemployment benefits showing a moderate increase last week and a decline in layoffs throughout September. These indicators point to ongoing tight labor market conditions as the third quarter came to a close.   […]

News, Trade Policy

October 4, 2023

GENEVA (International trade Council) – The WTO Chairs Programme officially issued a call for applications on October 4th to expand the network of academic institutions from developing and least-developed economies currently involved in the Programme. This initiative follows the announcement made by Dr. Ngozi Okonjo-Iweala, Director-General of the WTO, last year, indicating a more frequent […]

Agricultural Trade, News

October 4, 2023

GENEVA – Director-General Ngozi Okonjo-Iweala of the World Trade Organization (WTO) has urged member nations to intensify their efforts toward achieving a potential outcome on cotton for the upcoming 13th Ministerial Conference (MC13) scheduled for February. During her address at the “World Cotton Day 2023” event hosted by the United Nations Industrial Development Organization (UNIDO) […]

China, Europe, News, Trade Relations

October 4, 2023

The European Commission has taken a significant step by launching an anti-subsidy investigation into the import of battery electric vehicles (BEVs) from China. The investigation’s primary objective is to assess whether value chains related to BEVs in China benefit from unlawful subsidization, and whether this subsidization poses a genuine economic threat to BEV producers within […]

From September 20 to 26, U.S. Deputy Secretary of Commerce Don Graves led a delegation of 15 American companies on a Cybersecurity Trade Mission to the Republic of Korea and Japan. This mission followed President Biden’s Trilateral Summit with President Yoon of Korea and Prime Minister Kishida of Japan. During his visit to Seoul, Deputy […]

MANCHESTER, England – British business and trade minister, Kemi Badenoch, has conveyed her perspective on the possibility of a free trade agreement (FTA) between the United Kingdom and the United States under President Joe Biden’s administration. She cited the President’s stance on such agreements as a key factor.   President Biden has temporarily halted FTA […]

News, Trade Policy

October 3, 2023

In a recent address at the Vine and Wine World Trade Forum in Dijon, France, Deputy Director-General Jean-Marie Paugam shared insights into the shifting dynamics of global trade and its implications for businesses and international institutions. Paugam highlighted the significance of strengthening the multilateral trading system embodied in the World Trade Organization (WTO) to address […]