Trade agreements have long been the pillars supporting the structure of global commerce. They not only set the rules of international trade but also reflect the shifting priorities, tensions, and aspirations of the world economy. From the establishment of the General Agreement on Tariffs and Trade (GATT) to the advent of the World Trade Organization … Read more
As the world grapples with overfishing and depleting fish stocks, a global effort is underway to protect our oceans. The Agreement on Fisheries Subsidies is a significant stride towards healthier oceans and sustainable fishing practices, with the United Arab Emirates (UAE) recently becoming the seventh member of the World Trade Organization (WTO) to formally accept … Read more
The European Union (EU) has consistently supported the World Trade Organization (WTO) and the multilateral trading system it embodies. However, the EU’s recent use of trade policy to pursue its climate objectives may inadvertently undermine the very multilateral credentials it has vowed to uphold. To continue on its dual path, the EU must harmoniously integrate … Read more
The Evolving Global Trade Landscape The global trade landscape has been rapidly evolving, influenced by a multitude of factors such as geopolitical shifts, technological advancements, and recent global events like the COVID-19 pandemic. This has led to a shift in traditional trade relations and the forging of new alliances and partnerships. The United States, for … Read more
The WTO has commenced online registration for the 2023 Public Forum, themed “It is Time for Action,” scheduled to take place at the WTO headquarters in Geneva from September 12th to 15th. The organization has also initiated a call for proposals for the event. This year’s Public Forum will focus on how trade and the … Read more
Australia’s relationship with China was severely affected when Beijing blocked the import of roughly a dozen Australian goods worth around AU$20 billion annually in May 2020. While the deteriorating political relationship between the two countries was the immediate cause, a trade deal between Beijing and Washington was also a factor. The disruptions in trade were … Read more
On April 11th, the United States officially deposited its instrument of acceptance for the Agreement on Fisheries Subsidies, making it the fourth World Trade Organization (WTO) member and the first among the large fishing nations to do so. This crucial step underscores the country’s commitment to ocean sustainability and the responsible management of global fisheries … Read more