World Trade Organization

Intergovernmental trade organization

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World Trade Organization: Intergovernmental trade organization
The World Trade Organization (WTO) is an intergovernmental organization that is concerned with the regulation of international trade between nations. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. It is the largest international economic organization in the world.


Saudi state behind beoutQ piracy TV operation: WTO ruling [Video]

Saudi state behind beoutQ piracy TV operation: WTO ruling

Saudi Arabia breached international law by actively supporting beoutQ pirate TV operation, landmark WTO verdict says.

Credit: Al Jazeera STUDIO     Duration: 05:02Published

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Trade Secretary says Boris Johnson's Brexit border plans vulnerable to smugglers and WTO challenge

Leaked letter shows Liz Truss has concerns with government's approach
Independent - Published

'The easiest trade deal in history': UK nominates Liam Fox to run World Trade Organisation

Dr Fox famously claimed a Brexit trade deal would be the 'easiest in history'
Independent - Published

Liam Fox to be UK's nomination for WTO Director-General

liam fox to be uk's nomination for wto director-general
The UK will nominate Liam Fox to be director-general of the World Trade Organisation. I understand that the decision to nominate the former trade secretary, who has been lobbying heavily for the job,..
WorldNews - Published

Boris Johnson will shy away from no-deal Brexit, predicts Peter Mandelson

The Labour peer, who has been approached about being Britain's candidate to be the next World Trade Organisation (WTO) director general, said the Government would realise that it cannot inflict a..
Independent - Published

Liam Fox being lined up as Britain's candidate to lead World Trade Organisation

Former trade secretary was sacked by Boris Johnson but has remained loyal - and would be popular choice among Tory MPs
Independent - Published

Saudi Arabian FA writes to sports bodies after WTO report

The Saudi Arabian Football Federation acknowledges it has a "responsibility" to help fight broadcasting piracy.
BBC News - Published

Trump administration seeks 'reset' of WTO: Official

trump administration seeks 'reset' of wto: official
WASHINGTON: US President is pursuing a "reset" of the which he believes has treated unfairly, US Trade Representative Robert Lighthizer said Wednesday. In the latest US attack on the global trade..
WorldNews - Published

Newcastle deal could be affected as WTO rules Saudi Arabia broke trade rules

Newcastle United's Saudi Arabian-led takeover could be complicated by a ruling that the country helped breach international piracy laws.
BBC News - Published

Newcastle takeover could be complicated by WTO ruling on Saudi Arabia

Newcastle United's Saudi Arabian-led takeover could be complicated by a ruling that the country helped breach international piracy laws.
BBC News - Published

EU weighs single bid for WTO job; trade chief Hogan confirms interest

eu weighs single bid for wto job; trade chief hogan confirms interest
BRUSSELS — European Trade Commissioner Phil Hogan confirmed on Tuesday that he was considering a bid to become the next director-general of the World Trade Organization, as EU governments debated..
WorldNews - Published

PM's PS Rajeev Topno moves to World Bank, Brajendra Navnit to WTO

IndiaTimes - Published

Japan says South Korea's WTO move 'extremely regrettable'

Japan's top government spokesman Yoshihide Suga on Tuesday called South Korea's decision to restart proceedings against Japan at the World Trade Organization (WTO) "extremely regrettable".
Reuters - Published

South Korea to resume WTO complaint over Japan's export curbs after talks stall

South Korea said on Tuesday it would recommence proceedings against Japan at the World Trade Organization over export controls on some high-tech materials, adding that talks to resolve the dispute had..
Reuters - Published

EU trade commissioner Hogan mulling candidacy for WTO chief

European trade commissioner Phil Hogan is considering putting his name forward as a candidate to be the next director-general of the World Trade Organization, his spokesman said on Sunday.
Reuters - Published

Wanted: New head of WTO. Must thrive under global pressure and conflict

Against the backdrop of a global pandemic, steep recession, intensifying U.S-China tensions and rising protectionism, the WTO needs to name a leader. Only the resilient should apply.
Reuters - Published

Australia considers taking China to World Trade Organization over harsh tariffs on barley

Australia is not ruling out appealing China's decision to impose harsh tariffs on Australian barley at the World Trade Organization.
SBS - Published

Coronavirus: WTO head steps down a year early as downturn looms

Roberto Azevedo's exit comes as global trade is expected to slump to historic lows amid the pandemic.
BBC News - Published

WTO report says 80 countries limiting exports of face masks, other goods

Eighty countries and customs territories have banned or limited the export of face masks, protective gear, gloves and other goods to mitigate shortages since the coronavirus outbreak began, the World..
Reuters - Published

WTO sees 'ugly' trade plunge, likely worse than 2008 financial crisis

wto sees 'ugly' trade plunge, likely worse than 2008 financial crisis
The World Trade Organization on Wednesday forecast that goods trade would shrink more steeply this year than in the global financial crisis a decade ago before rebounding in 2021 as the COVID-19..
WorldNews - Published

Coronavirus: 'Drop in global trade to be worse than 2008 crisis'

The World Trade Organization (WTO) predicts a contraction of between 13% and 32% this year.
BBC News - Published

Keep global food supply chains intact, WTO, U.N. agencies urge

Food supply chains must be protected from any trade-related measures taken during the COVID-19 pandemic, the heads of the World Trade Organization (WTO) and U.N. food and health agencies said on..
Reuters - Published

USTR vows to push for trade deals with Britain, EU; seeks reforms at WTO

The Trump administration on Friday said it would focus on concluding new trade agreements with Britain, the European Union and Kenya over the coming year, while strictly enforcing trade laws and..
Reuters - Published

Boeing, to Fend Off Sanctions, Backs Ending State Tax Breaks

Washington State is expected to approve legislation removing what the World Trade Organization says are unfair subsidies. - Published

Fish talks: U.S. official says successful talks crucial for WTO

The United States said on Thursday it was pushing hard for the World Trade Organization to reach agreement on cutting fishing subsidies in coming months and viewed those talks as a test of whether the..
Reuters - Published

Trade war: Will French wine exports turn sour?

In October 2019, the World Trade Organization ruled in favour of the United States in a long-running dispute over plane subsidies, giving Washington the green light to impose tariffs on $7.5 billion..
France 24 - Published

US, China and Germany profit most from global free trade: study

us, china and germany profit most from global free trade: study
The three countries have benefited the most from membership of the World Trade Organization, according to a new report to mark the body's 25th anniversary. Their combined revenues in just one year were..
WorldNews - Published

Brexit: 'Reckless' Boris Johnson puts prospect of no deal back on table

Angry MPs say the move threatens jobs, the environment and the NHS in a cliff-edge crash-out on WTO terms
Independent - Published

WTO chief: 'Months' needed to fix disputes body

The system for resolving world trade disputes grinds to a halt after the US blocks any new WTO judges.
BBC News - Published

U.S. trade offensive takes out WTO as global arbiter

U.S. disruption of the global economic order reaches a major milestone on Tuesday as the World Trade Organization (WTO) loses its ability to intervene in trade wars, threatening the future of the..
Reuters - Published

Trump Cripples W.T.O. as Trade War Rages

A U.S. offensive against the World Trade Organization will effectively shutter the group’s system for settling disputes, at a time it’s most needed. - Published

Trade disputes settlement system facing crisis

The World Trade Organization faces a crisis in its system for resolving disputes between members.
BBC News - Published

EU will act as one over U.S tariffs on France - Commission

The European Union will act as one over planned U.S. tariffs on French goods and believes the World Trade Organization is the best way to settle such disputes, the European Commision said on Tuesday.
Reuters - Published

U.S. says sees no reason to reduce tariffs in EU aircraft subsidy case

The U.S. Trade Representative's office on Monday said it saw no basis in Monday's World Trade Organization report that would justify reducing U.S. retaliatory tariffs by $2 billion as Europe's Airbus..
Reuters - Published

U.S. may increase tariffs after WTO rejects EU claims over Airbus

u.s. may increase tariffs after wto rejects eu claims over airbus
The World Trade Organization on Monday rejected European Union claims that it no longer provides subsidies to planemaker Airbus , prompting the United States to say it could increase retaliatory..
WorldNews - Published Also reported by •Reuters

WTO rejects EU bid to stop U.S. tariffs over Airbus

The World Trade Organization on Monday rejected European Union claims that it no longer provides subsidies to planemaker Airbus , underscoring tariffs recently imposed by the United States on European..
Reuters - Published

Australia and others ask for Brexit trade compensation

A number World Trade Organization countries have asked for compensation over Brexit disruption.
BBC News - Published

U.S. disappointed by WTO decision allowing China to slap trade sanctions on U.S. goods

The United States is disappointed by a World Trade Organization (WTO) decision that China may slap compensatory sanctions on U.S. imports worth $3.579 billion annually for the U.S. failure to remove..
Reuters - Published

China asks WTO for $2.4 billion sanctions against U.S. in latest clash

China is seeking $2.4 billion in retaliatory sanctions against the United States for failing to comply with a World Trade Organization ruling in a case that highlights White House complaints about the..
Reuters - Published

United States imposes record $7.5 billion in tariffs on European goods

united states imposes record $7.5 billion in tariffs on european goods
With the blessing from the World Trade Organization (WTO), the Trump administration imposed punitive tariffs on EU goods on Friday in retaliation for the European plane maker Airbus receiving illegal..
WorldNews - Published

Nissan: no-deal Brexit would jeopardise entire European business model

nissan: no-deal brexit would jeopardise entire european business model
Imposition of WTO tariffs on exports could put Sunderland plant at risk, says chair A no-deal Brexit would put Nissan’s entire European business model in jeopardy, the car manufacturer has said in..
WorldNews - Published

Factbox: Planes, cheese, whisky and wine on U.S. tariff target list

The World Trade Organization opened the door on Wednesday for the United States to impose tariffs on $7.5 billion European goods over subsidies for Airbus .
Reuters - Published

WTO meeting to adopt Airbus subsidies decision set for October 14

The World Trade Organization (WTO) will hold a special meeting of its Dispute Settlement Body at the request of the United States on Oct. 14 to adopt its arbitration decision in the Airbus subsidies..
Reuters - Published

US to hit EU with $7.5 billion in tariffs over Airbus subsidies

After getting the green light from the World Trade Organization, Washington moved Wednesday to retaliate against the EU over illegal subsidies for Airbus, announcing tariffs on $7.5 billion worth of..
France 24 - Published

Angry Trump rails against Biden, media, WTO

Unleashing an unusual show of anger, President Donald Trump railed against former Vice President Joe Biden, his son, the media and the World Trade Organization at a joint press conference in the White.. - Published

U.S. to hit EU with tariffs of 10% on aircraft, 25% on other goods: official

The United States will impose 10% tariffs on aircraft and 25% on other industrial and agricultural products from the European Union as part of a World Trade Organization penalty award in a long-running..
Reuters - Published

Pompeo says U.S. tariffs after WTO ruling could include cheese, wine

U.S. Secretary of State Mike Pompeo said on Wednesday that retaliatory U.S. tariffs following the World Trade Organization ruling over European illegal subsidies for planemaker Airbus could include..
Reuters - Published

U.S. set to quickly widen trade war with EU tariffs after WTO ruling: sources

The United States' top trade body is likely to release a list of European goods subject to new tariffs Wednesday afternoon, after the World Trade Organization's landmark ruling on illegal aircraft..
Reuters - Published

After WTO decision, U.S. fast tracks new EU tariff list

The United States' top trade body is likely to release a list of European goods subject to new tariffs Wednesday afternoon, after the World Trade Organization's landmark ruling on illegal aircraft..
Reuters - Published

U.S. calls for WTO meeting to fast-track tariffs on EU: sources

The United States has moved toward imposing tariffs on European Union goods as soon as mid-month by calling for a fast-track meeting of the World Trade Organization's highest disputes body in..
Reuters - Published

Airbus hits four-month low after WTO ruling; Pernod falls

Airbus shares fell to four-month lows and Pernod Ricard SA extended losses on Wednesday after Washington won approval to impose tariffs on $7.5 billion worth of European goods, opening a new front in..
Reuters - Published

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