Trade, debt and investment in the spotlight, as global unpredictability hits livelihoods

This article is published in association with United Nations. The world’s poorest are being squeezed by trade uncertainty, heavy debt burdens and falling investment, the UN trade and development agency UNCTAD warned a week before ministers gather in Geneva for its largest meeting in four years.  UNCTAD 16 from 20 to 24 October will seek practical […]

Beyond Borders and Barriers: Protecting Health Amid Trade Conflicts

This article was exclusively written for European Sting by Ms. Palak Agarwal, a final-year MBBS student at GMERS Medical College, India. She is affiliated with the International Federation of Medical Students Associations (IFMSA), cordial partner of The Sting. The opinions expressed in this piece belong strictly to the writer and do not necessarily reflect IFMSA’s view on […]

EU and Ukraine reach agreement in principle on a modernised trade relationship

This article is brought to you in association with the European Commission.This article is brought to you in association with the European Commission. The Commission has concluded negotiations with Ukraine on the review of the EU-Ukraine Deep and Comprehensive Free Trade Area (DCFTA). The agreement in principleon the review of the trade liberalisation provisions under the Association Agreement marks a new phase in establishing a long-term, predictable, […]

New import surveillance tool to help EU prevent harmful trade diversion

This article is brought to you in association with the European Commission. The European Commission has set up a new surveillance tool to help protect the EU against sudden and potentially disruptive surges in imports. This system aims to prevent harmful trade diversion, which occurs when a significant amount of goods that cannot enter other markets […]

EBRD and Unibank to support trade finance in Azerbaijan

This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) has approved a trade finance line of up to US$ 5 million (€4.4 million) for Unibank under its Trade Facilitation Programme (TFP). This trade finance agreement with a systemically important lender in Azerbaijan was signed at the EBRD’s […]

TradeTech is revolutionizing global trade

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Technology driving impact on trade. Technology is playing a pivotal role in reducing trade friction. During COVID-19, technological advances – such as e-commerce, digital payments, cloud computing, the Internet of Things (IoT) and 5G – significantly disrupted international commerce. […]

Statement by Executive Vice-President Dombrovskis at the Foreign Affairs Council (Trade) press conference

This article is brought to you in association with the European Commission. Merci, chère Hadja, et merci à la Présidence Belge pour cette réunion. Let me begin with the discussion we had on trade and competitiveness and the future of EU trade policy. The main objective today was to further the debate with Member States on […]

How trade friction is slowing down the world’s shift to clean energy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sverre Alvik, Vice President and Energy Transition Research Director, DNV The speed of the green shift will benefit from uninterrupted global trade, while cooperation also depends on trust between countries and regions for a reasonably fair competition. China […]

Geopolitical rivalries are costly for global businesses. Here’s why – and what’s at stake

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Spencer Feingold, Digital Editor, Public Engagement, World Economic Forum International trade is under extraordinary pressure, experts warn, as crises ranging from continued supply chain disruptions to heightened geopolitical rivalries compound stains on the global economy. Moreover, the merits of […]

International trade: What you need to know this month

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mariam Soumaré, Community Engagement Specialist, Global Alliance for Trade Facilitation, World Economic Forum 1. Global trade set to rebound in 2024 The latest Global Trade Update from the United Nations Conference on Trade and Development (UNCTAD) says global trade is set […]

MEPs agree to extend trade support for Moldova, continue work on Ukraine

This article is published in association with European Investment Bank.This article is brought to you in association with the European Parliament. On Wednesday, MEPs endorsed the renewal of trade liberalisation measures for Moldova and amended the proposal on Ukraine to reinforce safeguards for EU farmers. Parliament voted with 347 votes in favour, 117 against and 99 abstentions to amend the Commission’s proposal to suspend import duties and […]

First go-ahead to renewing trade support for Ukraine and Moldova

This article is brought to you in association with the European Parliament. MEPs on the International Trade Committee endorsed the extension of trade liberalisation measures to support Ukraine and Moldova in the face of Russia’s war. MEPs approved on Thursday, by 26 votes, with 10 against and 1 abstentions, a proposal to renew the temporary suspension of import […]

What is TradeTech and why do we need it?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kate Whiting, Senior Writer, Forum Agenda Global trade is at an inflection point, amid mounting geopolitical tensions and protectionism. At the end of 2023, the UN Conference on Trade and Development (UNCTAD) predicted a drop of 5% (or $1.5 […]

Global trade is fragmenting. The WTO must make a stronger case that can benefit us all

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 […]

These are the world’s most vital waterways for global trade

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Spencer Feingold, Digital Editor, World Economic Forum, Andrea Willige, Senior Writer, Forum Agenda In recent years, numerous incidents have disrupted the world’s most important trade waterways, impacting supply chains across industries and economies. The upheavals include COVID-19 pandemic lockdowns, the Ever Given […]

What’s the state of global trade? Here’s what we learned in Davos

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, […]

4 questions we must ask as values move to the centre of the trade agenda

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sabrina Feng, Chief Risk Officer for Technology, Cyber and Resilience;, London Stock Exchange Group (LSEG), Joanna Bouckaert, Community Lead, Centre for Cybersecurity, World Economic Forum, Luna Rohland, Community Coordinator, Centre for Cybersecurity, World Economic Forum A profound shift in global trade […]

4 questions we must ask as values move to the centre of the trade agenda

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stephen Olson, Senior Research Fellow, Hinrich Foundation Traditionally, the quest for greater economic efficiencies has been the primary driver of trade relationships. The desire for optimized production and greater profitability for corporations, and lower prices and wider product […]

Biochar is carbon removal’s jack of all trades. Here’s why

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Dr. Berta Moya, Carbon Removal Sourcing and Methodology Development, Carbonfuture Biochar Carbon Removal is a way to sequester carbon dioxide from the atmosphere with wide-ranging co-benefits.For example, Biochar’s use as a soil amendment can improve food security and […]

5 strategies for boosting innovation in trade

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mariam Soumaré, Community Engagement Specialist, Global Alliance for Trade Facilitation, World Economic Forum, Ines Knäpper, Innovation and Hackathon Lead at Global Alliance for Trade Facilitation, World Economic Forum International trade has undergone significant transformations over the past few […]

International trade: What you need to know this month

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Laura GerlIntern, Platform for Shaping the Future of Mobility, World Economic Forum 1. EU to end competition exemptions for shipping lines The shipping industry is due to lose its exemption from EU competition laws, in a move that […]

How trade can contribute to a sustainable future

This article is published in association with European Investment Bank.This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jan Yves Remy, Director, Shridath Ramphal Centre (SRC), Shridath Ramphal Centre for International Trade Law, Policy and Services The World Trade Organization’s legitimacy is being threatened by geopolitical tensions and a perceived failure of it contributing to sustainable […]

The first 10 years of the Belt and Road Initiative (BRI): Can a China-led global economy balance out Washington’s imperialism and find the world’s equilibrium?

Yesterday, the third Belt and Road Forum for International Cooperation (BRF) concluded in Beijing, with the attendance of officials from 130 countries, including heads of state and the Secretary General of the United Nations, Antonio Gutteres. China presented the accomplishments of the BRI around the world during the past decade nurturing global growth. The third […]

MEPs adopt new trade tool to defend EU from economic blackmail

Member States continued focus on EU key priorities amid reduced spending in 2024, State aid Scoreboard showsThis article is brought to you in association with the European Parliament. The new trade instrument is primarily meant as a deterrent, but it will allow the EU to fight economic coercion and respond with its own countermeasures. With 578 votes to 24 and 19 abstentions. Parliament approved on Tuesday a new trade instrument to enable […]

How streamlining services trade can accelerate growth in the Middle East and Africa

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Børge Brende, President, World Economic Forum, Majid Al-Kasabi, Minister of Commerce, Ministry of Commerce of Saudi Arabia Streamlining services frameworks can unlock trade and investment opportunities, grow economic competitiveness, and underpin new sources of inclusion and growth.Two recent […]

‘Stop finning – Stop the trade’: Commission welcomes European citizens’ initiative and will explore ways to address trade in shark fins

This article is brought to you in association with the European Commission. Today, the Commission is responding to the European citizens’ initiative ‘Stop finning – Stop the trade’ asking the Commission for action to end international trade of loose shark fins. The cruel and illegal practice of ‘finning’ means fins have been cut off the animal […]

EU and Japan strengthen cooperation on digital trade and economic security

This article is brought to you in association with the European Parliament.This article is brought to you in association with the European Commission. Today, the EU and Japan held their third High-Level Economic Dialogue (HLED). The meeting centred on economic security following agreement to expand the scope of the dialogue. The HLED was co-chaired by Executive Vice-President and Commissioner for Trade, Valdis Dombrovskis, with Japanese Minister of […]

Will trade and climate clash or align? 4 future scenarios played out

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Tim Figures, Associate Director, EU & Global Trade and Investment, Boston Consulting Group, Kimberley Botwright, Head, Sustainable Trade, World Economic Forum, Soumyajit Kar, Specialist, Sustainable Trade, World Economic Forum As efforts to slow the process of climate change […]

The EU and the International Partners Group announced a Just Energy Transition Partnership with Senegal combining climate and development goals

This article is brought to you in association with the European Commission. Today, on the occasion of the Summit for a New Global Financing Pact, which aims to build a new consensus for a more inclusive international financial system, Senegal and the international partners group (IPG) comprising France, Germany, the European Union, the United Kingdom and […]

International trade: What you need to know this month

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Sean Doherty, Head, International Trade and Investment; Member of the Executive Committee, World Economic Forum 1. G7 looks to ‘de-risk’ China links by diversifying supply chains G7 countries will look to diversify their supply chains away from China as […]

First EU-India Trade and Technology Council focused on deepening strategic engagement on trade and technology

This article is brought to you in association with the European Commission. The European Union and India have held their first ministerial meeting of the Trade and Technology Council (TTC) today in Brussels. The TTC is a key forum to deepen the strategic partnership on trade and technology between the two partners. Geostrategic challenges have reinforced […]

Global Alliance for Trade Facilitation streamlines international trade

This article is published in association with European Investment Bank.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 […]

Africa’s logistics sector set to deliver results as free trade agreement kicks in

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Landry Signé, Senior Fellow, Global Economy and Development Program, Brookings Institution, Chido Munyati, Head of Regional Agenda, Africa, World Economic Forum Intra-African trade has long struggled to cope with the continent’s inadequate logistics and freight sector.But, as the African […]
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