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Tag Archives World Trade Organization

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Crops, Markets, Reuters

Farm trade dispute creates rift between Ukraine and its allies

Ukraine sues three EU member states at WTO

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Brussels/Kyiv | Reuters — A dispute over agricultural trade created a rift on Monday between Ukraine and some of its strongest allies in the European Union after three member states imposed unilateral measures to restrict imports from the war-torn country. Poland, Slovakia and Hungary announced restrictions on imports on Friday after the European Commission decided […] Read more
File photo of a pedestrian crossing in front of the World Trade Organization headquarters in Geneva, Switzerland on Dec. 9, 2019. (Photo: Reuters/Denis Balibouse)
General, Reuters

U.S. wants WTO dispute system fixed by 2024

Appeals body frozen since Trump era; Washington 'very committed' to reform

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Geneva | Reuters — The United States is entering a third phase of talks with countries to reform the World Trade Organization’s (WTO) hobbled trade dispute arbitration system and aims for it to be “fully functioning” by the end of 2024, the U.S. ambassador to the WTO told Reuters on Thursday. The WTO’s appeals bench, […] Read more
The World Trade Organization (WTO) headquarters in Geneva, Switzerland on Oct. 28, 2020. (Photo: Reuters/Denis Balibouse)
Canola, Crops, Reuters

Canada, China agree to suspend WTO canola dispute

Lifting of canola ban renders case moot

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Berlin | Reuters — Canada and China have agreed to suspend proceedings against Chinese measures affecting the importation of Canadian canola seed, according to a World Trade Organization (WTO) complaint on Thursday. The WTO Dispute Settlement Body (DSB) panel suspended its work as of Tuesday, the complaint said. Work can be suspended at any time […] Read more
WTO director-general Ngozi Okonjo-Iweala is congratulated by India’s commerce minister Piyush Goyal after the June 17, 2022 closing session of a WTO ministerial conference in Geneva. (Photo: Fabrice Coffrini/Pool via Reuters)
General, Markets, Reuters

WTO strikes global trade deals deep into overtime

Deals reached on food security, health and fishing; formerly defiant India joins consensus

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Geneva | Reuters — The World Trade Organization’s 164 members approved a series of trade agreements early on Friday that included commitments on fish and pledges on health and food security after more than five gruelling days of negotiations. The deals were ground out over five days of bargaining at a conference of more than […] Read more
Incoming WTO director-general Ngozi Okonjo-Iweala takes part in an online meeting before speaking during an interview with Reuters in Potomac, Maryland on Feb. 15, 2021. (Photo: Reuters/Joshua Roberts)
General, Markets

Canada hails new WTO chief

Trade body names first African, and first female, DG

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Canada is lending its support to the World Trade Organization’s (WTO) choice for its new director general. Ngorzi Okonjo-Iweala was chosen Feb. 15 by WTO members as the international trade body’s new head, making her the first woman and the first African to serve in the role. Mary Ng, Canada’s minister of small business, export […] Read more
The World Trade Organization (WTO) headquarters in Geneva, Switzerland on Oct. 28, 2020. (Photo: Reuters/Denis Balibouse)
Crops, Reuters

Ban on food aid restrictions blocked at WTO

WTO says outcome 'disappointing' in difficult year

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Geneva | Reuters — World Trade Organization members were at odds on Friday over a proposal that would ban countries from restricting food aid deliveries, potentially complicating the response to a feared COVID-fuelled humanitarian catastrophe next year. The proposal was one of two related to the pandemic that failed to make headway at a three-day […] Read more
Dittmer: Why the U.S. wants to reform the WTO
Comment/Columns, Free Market Reflections

Dittmer: Why the U.S. wants to reform the WTO

Free Market Reflections with Steve Dittmer

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Being an export-oriented beef industry and veteran of the mCOOL fiasco, Canadian cattle producers know what the initials WTO stand for (World Trade Organization). The mCOOL deal boldly illustrated one of the major problems with the WTO — it takes forever to get anything resolved. Our joint experience with mCOOL was not the worst example. […] Read more
If Canada sticks to a rules-based playbook on trade mean it won’t get any cake at all?
Comment

Comment: Having our cake and eating it, too

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The saying about wanting to have your cake and eat it too has always annoyed me. Why would I have a piece of cake if not to eat it? And in order to eat the cake, I must first have it. But shake up the sentence structure, and the saying suddenly makes sense (at least […] Read more

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