Trailblazing WTO Chief Ngozi Okonjo-Iweala Secures Second Term
World Trade Organization members have reappointed Ngozi Okonjo-Iweala for a second term as Director-General, marking her continued leadership as the first woman and African in the role.
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World Trade Organization members have reappointed Ngozi Okonjo-Iweala for a second term as Director-General, marking her continued leadership as the first woman and African in the role.
MSMEs are crucial to the global economy, making up over 90% of businesses worldwide. WTO Chairman Matthew Wilson highlights their impact on innovation, growth, and trade, especially in China.
China’s Ministry of Commerce declares its temporary anti-dumping measures on EU brandy imports as compliant with WTO regulations, addressing concerns raised by the EU.
Green protectionism poses a significant threat to global sustainability efforts by imposing tariffs on green products and widening the gap between developed and developing economies.
China plans to file a complaint with the World Trade Organization against the EU’s anti-subsidy measures targeting Chinese electric vehicles, aiming to protect its EV industry.
US counter-multilateral trade policies under Biden and Trump pose significant risks to the global trade system and economic stability.
China rejects the EU’s new tariffs on Chinese electric vehicles, calling them protectionist. In response, China has filed a lawsuit with the WTO and vows to defend its EV sector.
China has voiced strong opposition to the EU’s new tariffs on Chinese-made electric vehicles, labeling the move as protectionist and irrational. Both sides are now in talks to resolve the trade dispute.
The WTO forecasts a 2.7% increase in global goods trade for 2024, up from an earlier 2.6%, indicating a positive trend in international commerce.
China has imposed WTO-compliant anti-dumping measures on EU brandy imports in response to recent EU tariffs on Chinese electric vehicles, escalating trade tensions between the two economic giants.