Supply chains represent 80% of global trade
Daily news Egypt Supply chains represent over 80% of global trade, and engage over one in five workers, according to Egypt’s Minister of International Cooperation Rania Al-Mashat. The minister said that, looking at global supply chains through the lens of the Sustainable Development Goals (SDGs) highlighted the significant role of global supply chains in achieving […]
Share this Asia: Trade briefing
Global Trade Review Harding: China’s role in the global economic recovery cannot be understated, so it stands to reason that it will also play a significant role in the rate at which the region recovers in trade terms. This sounds like a truism, but because of the complexity of the way in which trade has developed […]
Importinfo Newsletter November 2020
Minister Ng and Minister Fortier participate in virtual Ministerial Council Meeting hosted by Organisation for Economic Co-operation and Development
Government of Canada Strengthening the rules-based global trading system benefits Canadians and communities across the country, and will advance an inclusive, sustainable, and resilient global economic recovery. Over the last two days, the Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, and the Honourable Mona Fortier, Minister of Middle Class Prosperity […]
Minister Ng participates in virtual meeting of World Trade Organization ministers
Government of Canda Before the COVID-19 pandemic, nearly two thirds of Canada’s economy and millions of Canadian jobs depended on international trade and investment. Rules-based international trade, underpinned by multilateral institutions such as the World Trade Organization (WTO), is essential to our economic recovery from COVID-19 and future prosperity for Canadians. Today, the Honourable Mary […]
India opposes binding pact on open services trade at WTO
Business Line New Delhi insists on flexibility on movement of professionals In an effort to help governments address climate change goals and the global impact of Covid-19, five members — Australia, Canada, Mexico, New Zealand and Switzerland — have pitched for a greater opening of architectural design, engineering, consulting, and construction services at the World […]
SME exporters show encouraging signs of recovery
Government of Canada Canada’s exporters have been greatly impacted by the pandemic, particularly due to the increased restrictions on production and economic activity and drop in demand worldwide. Early data show that small and medium‑sized enterprises (SMEs)Footnote1 experienced a sharper decline in the number of exporters compared to large firms. In just one month—April—the number of […]
Interagency Portal Tracks Progress on Trade-related SDGs
SDG knoweldgle Hub The World Trade Organization (WTO), the UN Conference on Trade and Development (UNCTAD), and the International Trade Centre (ITC) have developed an online portal that collates progress on trade-related SDGs. The SDG Trade Monitor was launched at WTO headquarters on World Statistics Day on 20 October. The portal aims to improve users’ understanding of […]
Africa’s WTO moment
Kathmandu Post The selection of the World Trade Organisation’s next director-general has entered its final phase, with two candidates left in the running: Ngozi Okonjo-Iweala, a former Nigerian finance and economy minister and a former managing director of the World Bank, and Yoo Myung-hee, South Korea’s trade minister. In view of the WTO’s current challenges, Okonjo-Iweala […]