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, World Economic Forum & Kimberley Botwright, Community Lead, Global Trade and Investment SI, World Economic Forum The new director-general at the WTO will have a raft of challenges on their desk […]12 trade tasks to prioritize in 2021
January 22, 2021 by 1 Comment
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, World Economic Forum & Kimberley Botwright, Community Lead, Global Trade and Investment SI, World Economic Forum The new director-general at the WTO will have a raft of challenges on their desk […]Should trade continue to be global after the pandemic?
December 9, 2020 by Leave a Comment
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 be […]5 ways the WTO can make investment easier and boost sustainable development
November 10, 2020 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Matthew Stephenson, Policy and Community Lead, International Trade and Investment, World Economic Forum The WTO is negotiating an international framework to facilitate investment for development.This effort was announced at the World Economic Forum in Davos in January.Here are […]Trade Barriers Report: EU continues to open up markets outside Europe in midst of rising protectionism
June 18, 2020 by Leave a Comment
This article is brought to you in association with the European Commission. Thanks to the European Union’s successful intervention, European companies generated €8 billion in additional exports in 2019. The high number of new restrictions that hinder EU exports shows however that protectionism has become deeply ingrained in global trade. These are some of the findings […]European Commission kicks off major EU trade policy review
June 16, 2020 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the European Commission launched a major review of the European Union’s trade policy, including a public consultation seeking input from the European Parliament, Member States, stakeholders and civil society. The Commission’s objective is to build a consensus around a fresh medium-term direction for […]5 ways the digitisation of the global logistics industry can increase trade – and reduce poverty
February 18, 2020 by Leave a Comment
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 Expanding global trade is essential to reducing poverty. Responsible, accelerated and affordable digitisation can facilitate global trade and sustainably reduce poverty. Five Logistic Internets can increase efficiencies and reduce costs for […]Why exporters need to mind the trade finance gap
February 11, 2020 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Marc Auboin, Counsellor, Economic Research, World Trade Organization (WTO) & Violeta Gonzalez, Head, Partnerships, Outreach and Resource Mobilization, Enhanced Integrated Framework Executive Secretariat, World Trade Organization Trade finance is one of the top three export obstacles for half […]Trade preferences boost developing countries’ exports to the European Union
February 10, 2020 by 1 Comment
This article is brought to you in association with the European Commission. Exports to the European Union from developing countries using special tariff preferences under the EU’s Generalised Scheme of Preferences (GSP) reached a new high of €69 billion in 2018. According to the European Commission’s report published every two years on the GSP, released today, […]Negotiations on Investment Facilitation at the WTO gain support at Davos
January 27, 2020 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Ministers at Davos announced negotiations between 99 economies on a new international framework on investment facilitation for development at the World Trade Organization (WTO), with the strong support of business and other key stakeholders. The framework is aimed at […]Trade: EU and 16 WTO members agree to work together on an interim appeal arbitration arrangement
January 24, 2020 by Leave a Comment
This article is brought to you in association with the European Commission. Today, in Davos Switzerland, the EU and Ministers from 16 Members of the World Trade Organization (WTO) have agreed to develop a multi-party interim appeal arrangement that will allow the participating WTO members to preserve a functioning and two-step dispute settlement system at the WTO […]We need better alignment between climate and trade. Here’s a roadmap
January 14, 2020 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Carolyn Deere Birkbeck, Senior Researcher, The Graduate Institute, Geneva; Senior Research Associate, Global Economic Governance Programme, University of Oxford & John W.H. Denton, Secretary-General, International Chamber of Commerce (ICC) Trade and climate policy-makers have worked in separate silos […]European Citizens’ Initiative: Commission registers ‘Stop Finning – Stop the trade’ initiative
December 18, 2019 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the European Commission decided to register a European Citizens’ Initiative entitled ‘Stop Finning – Stop the Trade’ related to sharks and rays. The aim of the Initiative is to ‘end the trade of fins in the EU including the import, export and transit […]EuroLat: serious concern about migration and support to multilateral trade
December 16, 2019 by Leave a Comment
This article is brought to you in association with the European Commission. The worsening migration situation in Latin America and Europe worries parliamentarians in both regions, who also warn against increasing trade protectionism. In a joint declaration on the occasion of the twelfth plenary session of the Euro-Latin American Parliamentary Assembly (EuroLat), the two co-presidents of […]Commission reinforces tools to ensure Europe’s interests in international trade
December 12, 2019 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the European Commission unveiled a proposal that will allow the European Union to protect its trade interests despite the paralysis of the multilateral dispute settlement system in the World Trade Organization (WTO). To further increase the focus on compliance and enforcement of the […]International trade statistics: trends in third quarter 2019
November 29, 2019 by Leave a Comment
This article is brought to you in association with OECD. G20 international merchandise trade (in current US dollars, seasonally adjusted) continued its downward trend in the third quarter of 2019, approaching two-year lows. Compared with the second quarter of 2019, exports contracted by 0.7% and imports by 0.9%, partly reflecting a nearly 20% fall in oil […]EU launches WTO challenge against Indonesian restrictions on raw materials
November 22, 2019 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the EU has brought a dispute in the World Trade Organization (WTO) against Indonesian export restrictions for raw materials used in production of stainless steel. These restrictions unfairly limit access of EU producers to raw materials for steel production, notably nickel as well […]EU-Singapore trade agreement enters into force
November 22, 2019 by Leave a Comment
This article is brought to you in association with the European Commission. Upon the entry into force today of the EU-Singapore trade agreement, Commissioner for Trade Cecilia Malmström said: “The EU-Singapore trade agreement – effective as of today – will boost trade, benefitting companies, farmers, workers and consumers on both sides. It will also become a […]These are the United States’ most exported products
October 16, 2019 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content Silicon Valley may be the tech capital of the world but physical goods still account for around two-thirds of US exports, new figures show. Machinery and electrical equipment brought in $363 billion – […]This is why retail is such a sore point in India-US trade relations
October 11, 2019 by 2 Comments
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Katharine Rooney, Senior Writer, Formative Content The relationship between India and the United States has been described as one of the most important of the 21st century. India is predicted to be the world’s second-largest economy by 2030, with […]Illicit trade endangers the environment, the law and the SDGs. We need a global response
July 22, 2019 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Pamela Coke-Hamilton, Director, Division on International Trade and Commodities, United Nations Conference on Trade and Development (UNCTAD) & Jeffrey HardyDirector-General, Transnational Alliance to Combat Illicit Trade A dark side to globalization has been the alarming emergence of illicit trade, […]5 ways to boost sustainable trade in the world’s poorest countries
July 9, 2019 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Violeta Gonzalez, Head, Partnerships, Outreach and Resource Mobilization, Enhanced Integrated Framework Executive Secretariat, World Trade Organization & Fabrice Lehmann, Guest Editor, Trade for Development News , Enhanced Integrated Framework The World Trade Organization’s (WTO) Aid for Trade initiative is […]Fairness should be at the heart of the agricultural goods trade
July 5, 2019 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Margarita Louis-Dreyfus, Chairperson of the Supervisory Board, Louis Dreyfus CompanyCamilla Colombo, Space researcher, Politecnico di Milano It is a paradox that the world’s biggest agricultural commodities companies rely on some of the sector’s smallest farmers, growing everything from […]Trump after marginalizing G20 attacks Europe and China where it hurts, brandishes currency war
July 4, 2019 by Leave a Comment
Last week’s G20 meeting in Osaka confirmed that the forum’s commonly shared concern about our future on the planet is definitively a thing of the past. Last week, the cacophony at the table of the 20 heads of the largest countries of the world – which first appeared last December in Buenos Aires – became […]This is how much the US-China trade war could cost the world, according to new research
June 29, 2019 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Formative Content The US-China trade war does not appear to be edging closer to a resolution. Both sides have failed to find a compromise so far, while rising tariffs have been jolting financial markets. And as the […]China rare earth prices soar on their potential role in trade war
June 7, 2019 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Tom Daly, Reporter, Reuters & Shivani Singh, Reporter, Reuters Chinese rare earth prices are set to climb further beyond multi-year highs hit following a flurry of state media reports that Beijing could weaponize its supply-dominance of the prized minerals […]Who gains when the US and China fight over trade?
June 5, 2019 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content China and the United States are at a trade stand-off after both countries have implemented hundreds of billions of dollars in tariffs on each other’s goods over the past year. The US is […]Rare earths are the new battlefront in the US-China trade war. But what are they?
June 4, 2019 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Fleming, Senior Writer, Formative Content China dominates the rare earth market, responsible for around 80% of the world’s supply – something it is keenly aware of. As the trade war between the US and China rolls on, rare […]Trump wants to implicate China in US attacks against global order
May 13, 2019 by 1 Comment
Global trade prospects and order is in the hands of a New York bankrupt realtor who is addicted to risk. He doesn’t care if his moves in the trade negotiations harm his own country, as long as the spectators applaud. On Thursday 9 May the American President Donald Trump didn’t hesitate to hike import tariffs […]US-EU trade negotiations: pointless tariffs against real economic growth
April 17, 2019 by 1 Comment
The European Council approved last Monday the European Commission’s proposals authorizing the latter to start negotiating with the US in order to eliminate industrial goods tariffs and reach an agreement on conformity assessment. Most of the member states were in favour of the commencement of the bilateral trade negotiations except for France. However, the fact […]Trade with the United States: Council authorises negotiations on elimination of tariffs for industrial goods and on conformity assessment
April 15, 2019 by Leave a Comment
This article is brought to you in association with the European Council. The Council today approved mandates for the Commission to open negotiations with the United States on two agreements: a trade agreement limited to the elimination of tariffs for industrial goods only, excluding agricultural products; an agreement on conformity assessment that would have as its […]“We need to accelerate our negotiation on the China-EU Investment Treaty”, Chinese Premier Li Keqiang highlights from the 21st EU-China summit in Brussels
April 10, 2019 by Leave a Comment
The presidents of the European Commission and EU Council welcomed the Chinese Premier Li Keqiang yesterday at the 21st EU-China summit in Brussels where the two sides acknowledged their Comprehensive Strategic Partnership. EU and China agreed to a joint statement confirming their strategic intent and efforts for a more resilient cooperation in the framework of […]US and China in painstaking efforts to conclude trade talks
April 8, 2019 by 2 Comments
China and the United States are working hard to achieve a trade deal, badly needed for both the two largest economies of the globe as well as for the rest of the world. During the past months of negotiations between the two giants, progress or confrontation in the dealings have been strongly – positively or […]The Sino-American trade conflict may be resolved soon
February 25, 2019 by Leave a Comment
This newspaper for many months has been closely following the US-China trade conflict (if not at times a full trade war). The current negotiations in Washington D.C. are stuck at the same point as last summer. On August 27 our leading article said: “… Washington’s demands go beyond tariffs”. On October 18 we observed, “The […]
