The General Agreement on Tariffs and Trade and its successor, the World Trade Organization (WTO), brought states together to cooperate in lowering tariffs and other trade barriers, promoting global ...

In late February, 4,000 delegates from 164 countries gathered in Abu Dhabi for the most important decision-making meeting for ...

The World Trade Organization (WTO) has come out against trade protectionism as risks to the trade forecast remain substantial, saying that protectionism neither protects the overall economy nor ...

WTO Director-General Ngozi Okonjo-Iweala said the 2024 World Trade Report reaffirmed trade's role in reducing poverty and sharing prosperity "contrary to the currently fashionable notion" that ...

The WTO’s 2024 report on global trade looked at the role that commerce has played to narrow the gap between economies since its creation in 1995. “Perhaps the biggest takeaway from the report is its ...

There are only the demands of the dead. DUNGA WAS BORN at Dus, a village of stick-and-grass huts set on a bluff high above the Omo River. From the central highlands the river flows wide and deep ...

China's Ministry of Commerce (MOFCOM) on Thursday issued a scathing report on the WTO compliance of the US, criticizing Washington as a destroyer of the multilateral trading system, a practitioner ...

The WTO said in a report published on Monday that income per capita in low- and middle-income countries had almost tripled between the creation of the body in 1995 and 2023. Global income per ...

The WTO report offers a staunch defense of globalization at a time when some of its pillars — low tariffs and rule enforcement — are under attack. Former President Donald Trump has vowed to ...

GENEVA: A new World Trade Organisation (WTO) report has stated that global commerce has played a critical role in reducing extreme poverty from 40pc to 11pc. Global trade has created “shared ...

Her current term expires on 31 August 2025. She said, “I would like to be part of this chapter of the WTO story, and I stand ready to compete for the position,” Okonjo-Iweala said, citing a ...

SINGAPORE, Oct 2 (Reuters) - China's commerce ministry said on Wednesday it has asked the World Trade Organization (WTO) to rule on Canada's imposition of steep tariffs on Chinese electric ...