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This article is published in association with United Nations. Faced with mounting debt and economic stagnation, middle-income countries have issued a call for financial reform, sustainable investment, and a roadmap to escape the so-called “middle-income trap,” at a UN-backed international conference held in Manila, Philippines, which concluded on Tuesday. The High-Level Conference of Middle-Income Countries (MICs), […]
This article is published in association with United Nations. Global trade is poised to hit a record $33 trillion in 2024, showcasing remarkable resilience despite persistent economic and geopolitical challenges, a UN report revealed on Thursday. However, concerns loom for 2025, where the risks include escalating trade wars, geopolitical tensions and shifting policies, clouding the outlook. […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sebastian Klotz, Manager, Tax and Legal Technology Team, PwC Switzerland, Steve Barr, Global Director, Industry Digital Strategy, Microsoft, Jimena Sotelo, Lead, TradeTech, World Economic Forum Global trade has evolved remarkably in recent decades. Not only has the volume of cross-border trade […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kimberley Botwright, Head, Sustainable Trade, World Economic Forum This article was first published on TESS. It is part of a Synergies series on reviving multilateralism curated by TESS titled From Vision to Action on Trade and Sustainability at the WTO. […]
This article is brought to you in association with the European Commission. The European Commission was instrumental in brokering important outcomes at the 13th ministerial meeting of the World Trade Organization (MC13) that ended Friday in Abu Dhabi. After a week of intense engagement, EU negotiators secured important agreements on e-commerce, new rules to improve global services trade, […]
This article is brought to you in association with the European Commission. The European Commission was instrumental in brokering important outcomes at the 13th ministerial meeting of the World Trade Organization (MC13) that ended Friday in Abu Dhabi. After a week of intense engagement, EU negotiators secured important agreements on e-commerce, new rules to improve global services trade, […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Nicolai Ruge, Lead, Geopolitical Agenda and Trade Investment Platform, World Economic Forum, Danny Quah, Dean and Li Ka Shing Professor in Economics, Lee Kuan Yew School of Public Policy, National University of Singapore Trade ministers from around the world are […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Simon Lacey, Head, Digital Trade and Geopolitics, World Economic Forum Trade and investment were an important focus of the World Economic Forum’s 2024 Annual Meeting in Davos, central to international efforts to the central theme of “rebuilding trust”. Continued geopolitical tensions, […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jane Fraser, Chief Executive Officer, Citi Citi CEO Jane Fraser addressed world leaders at the APEC CEO Summit in San Francisco in November 2023. She highlighted key trends in trade that she is seeing from her vantage point leading a global […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Yin Zou, Executive Vice President of Corporate Development, DHL Group For more than 30 years, globalization has been the evergreen megatrend. And rightly so: Global trade has helped lift some 1 billion people out of poverty. The COVID-19 […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Senior Writer, Forum Agenda A widespread trade slump has led the World Trade Organization (WTO) to downgrade its expectations of goods trade in 2023. Inflation, high interest rates and geopolitical tensions have contributed to the slowdown.The […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. The impact on improving trade efficiencies. The Alliance supports countries in implementing the World Trade Organization’s Trade Facilitation Agreement (TFA), which entered into force in February 2017. In voting for the landmark Agreement, WTO members realised its potential for […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stefan Ellerbeck, Senior Writer, Formative Content Global trade and its reliance on supply chains is a complicated business to explain. And some of the language around trade can be equally hard to grasp. While words such as ‘onshoring’, ‘reshoring’ […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joachim Monkelbaan, Lead, Climate Trade, World Economic Forum, Soumyajit Kar, Specialist, Sustainable Trade, World Economic Forum Trade and investment emerged as an overarching theme in this year’s Annual Meeting in Davos. Over the last 12 months, despite widespread inflation; […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jennifer Brant, CEO and Founder, Innovation Insights & Godfrey Firth, Director, Government Relations, GE Healthcare South Korea has positioned itself as a global vaccine hub, with its biologics industry benefitting from investment. The investments will be complemented by […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kate Whiting, Senior Writer, Formative Content New Director-General of the World Trade Organization, Ngozi Okonjo-Iweala, joined the World Economic Forum Agenda Dialogues to discuss global trade. Dr Okonjo-Iweala said vaccine policy was crucial to helping the economic recovery […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Simon Cooper, Chief Executive, Corporate, Commercial and Institutional Banking, Standard Chartered Bank The advantages China offers will not become available closer to home and the costs of reshoring are high and often prohibitive. Opportunities for global trade will […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Adrien Ogée, Project Lead, Cyber Resilience, World Economic Forum & Soichi Furuya, Senior Researcher, Hitachi (and World Economic Forum Fellow) Blockchain is a system of recording transactions that could replace ‘trust intermediaries’ including banks Businesses are starting to […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Henrik Hvid Jensen, Senior Blockchain Advisor, Trustworks The digital business era requires organizations involved in global trade to rethink many aspects of their business models. Several enterprises in global supply chains have moved their digitalization focus outward toward […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Børge Brende, President, Member of the Managing Board, World Economic Forum At the Munich Security Conference last week, I moderated a panel discussion with an intriguing headline: can we make [economic] competitors like the US, Europe and China trade […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Paul Rawlinson, Global Chair, Baker McKenzie The regulation of international trade is under the spotlight like never before. Trade tensions between the US and China, a fractious Brexit negotiation, the rewiring of NAFTA and a deadlocked World Trade Organization […]
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Distributed ledger technology such as blockchain could boost trade by more than $1 trillion in the next 10 years. That’s the assessment of a World Economic Forum white paper released this week. Meanwhile, DLT is also set to […]
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Wendy CutlerVice-president, Asia Society Policy Institute Tension, angst and mistrust pervade today’s global trade landscape. The multilateral trading system that has governed the international flow of commerce over the past 70 years is being tested in ways that […]
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Ziyang FanProject Head, Digital Trade and Data Flows, World Economic Forum LLC & Cristian Rodriguez ChiffelleHead of Policy, International Trade and Investment, Global Leadership Fellow, World Economic Forum Geneva International trade has dominated the global headlines recently. Much […]
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Anabel González, Senior Director, Trade and Competitiveness Global Practice, The World Bank Competition to lead the Fourth Industrial Revolution is fierce. Governments and firms across the globe are engaging in legitimate – and illegitimate – acts to […]
