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The Latest Breaking News from WTO

The Post-Neoliberalism Moment

Anyone advocating neoliberal policies is now persona non grata in Washington, D.C.

Reason

EU disappointed over India's 'right' to approach WTO's appellate body in ICT duty case

EU disappointed with India's move to approach WTO's appellate body in ICT products dispute; India rejects E.U.'s request for arbitration.

The Hindu

Unanswered Queries on WTO Reform and Appeals Court

Dive into a game of 'Whodunnit?' with WTO's reform plans. Peek behind the shadows of trade disputes, uncover the veiled fate of the appeals court.

Top News

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Commerce Ministry to help exporters maintain proper documentation to deal with U.S. countervailing duty cases

Indian government & exporters work together to help maintain proper documentation for US countervailing duty cases on domestic products.

The Hindu

Trade rules and climate change: Africa stands to lose from proposed WTO policy tools

The World Trade Organisation launched its Trade Policy Tools for Climate Action during the COP28 conference. International economic law expert Olabisi D. Akinkugbe discusses whether the new Trade Policy Tools benefit Africa.

The Conversation

The U.S.-led digital trade world order is under attack–by the U.S.

America can regulate Big Tech without disrupting the cross-border data flows that underpin our economy and society.

Fortune

WTO chief urges countries to prioritise subsidies that tackle climate crisis

Ngozi Okonjo-Iweala says current incentives are distorting world trade and hampering fight against climate breakdown

The Guardian - UK

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From the Paris agreement to COP28, how oil and gas giants try to influence the global climate agenda

There is “no science” behind demands to phase out fossil fuels, according to the current COP president. This level of cynicism at the top of the annual climate summit makes it less surprising that the conference has also been used as an oil trading venue.

The Conversation

China Pushes Back On Biden's New EV Tax Credit Rules

China thinks the new rules run counter to the spirit of the World Trade Organization, and are anti-competitive.

InsideEVs

Democrats divided over Biden’s move on digital trade - Roll Call

A move to withdraw U.S. support for digital trade provisions has congressional Democrats taking opposite sides.

Roll Call

'Unintended Consequences': Friction At COP28 Over Green Trade

Inside the negotiating rooms and on the sidelines of the COP28 climate talks, simmering tensions over wealthy countries' "green trade" policies have been bubbling to the surface, with developing nations fearful they will be penalised.

International Business Times

Apec summit ends with unity on WTO reform but not Gaza or Ukraine

US gathering of Pacific Rim leaders most notable for meeting between Joe Biden and Xi Jinping, seen as a sign of easing China-US relations

The Guardian - AU

The U.S.’s signal of a huge digital shift

Developing countries must stoutly resist a new trap of a digital Cold War, whereby they get bound into digital dependencies either with the United States or China

The Hindu

View from The Hill: China-Australia relations head back to room temperature, with Albanese's November visit

The defrost in China-Australia relations started cautiously after the change of federal government last year. It then sped up, with developments culminating in the formal announcement at the weekend of the date for the much-anticipated visit by Anthony Albanese.

The Conversation

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The Guardian - AU

Dutton accuses Albanese of misrepresenting Yunupingu comments – as it happened

This blog is now closed.

AAP

Calls for wine support as China tariffs deadline looms

China is on a deadline to decide whether to drop trade tariffs on Australian wine but there are calls for financial aid for the struggling sector.

The Guardian - UK

WTO slashes growth forecast for global goods trade by more than 50%

Persistently high interest rates have had chilling effect on consumer spending, says trade body

The Independent UK

Japan hopes to resolve China's seafood ban over Fukushima's wastewater release within WTO's scope

Japanese Agriculture Minister Ichiro Miyashita says Tokyo hopes to resolve the issue of Chinese ban on its seafood within the World Trade Organization's scope

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The Hindu

Global dispute settlement, India and appellate review

While the commitment expressed in the G-20 Declaration is heartening, whether it will have an appellate process or just be a one-stage panel process, given the U.S.’s stand, remains to be seen

The Guardian - AU

Australian government says ‘yeah, no’ to deal with China to drop wine tariffs

Reported package offer from Beijing was attempt to ‘meet Australian side halfway’ but Australia sees issues as ‘entirely separate matters’

The Independent UK

Ukraine complains to WTO about Hungary, Poland and Slovakia banning its farm products

Ukraine is filing a complaint at the World Trade Organization against Hungary, Poland and Slovakia after they banned grain and other food products coming from the war-torn country

The Hindu

India, Brazil begin talks to resolve sugar-related trade dispute at WTO

India and Brazil have started talks to resolve a sugar-related trade dispute at the WTO. Brazil may share ethanol production tech with India, which could help reduce its reliance on oil imports and cut carbon emissions. India is offering something in return, and the US has already ended six trade…

The Hindu

Tough task ahead to make WTO's dispute settlement system fully functional: Experts

The dispute settlement mechanism of WTO has been derailed due to a non-functional appellate body since December 2019.

The Hindu

Farmers’ body demands immediate intervention of State, Central governments

KRRS, in association with Hasiru Sene, demand govt. intervention to address farmers' issues incl. cost of farming, price fall, debt, WTO benefits & BT mustard. They protested illegal land acquisition in Devanahalli & met CM Siddaramaiah to discuss their demands.

The Hindu

Modi, Biden to discuss trade issues, jet engine, drone deals during meet

PM Modi and President Biden are likely to discuss outstanding trade issues, given that the U.S. has dropped most WTO cases against India and India has moved on dropping tariff increases against the U.S. on certain commodities.

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