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Tag: WTO

Saudi Arabia second country to endorse WTO treaty

RIYADH: Saudi Arabia has completed the process for endorsing the WTO Trade Facilitation Agreement. The Kingdom is the second country to endorse the treaty, according to the Ministry of Commerce and Investment, local media reported on 15.06.2016. Minister of Commerce and Investment Majed Al-Qassabi said on 14.06.2016 that the agreement is one of the most important […]

WTO notes fall in G-20 Trade Disputes

There has been a slowdown in the number of trade-restrictive measures introduced by G-20 countries, according to a new report from the World Trade Organization. The WTO’s Report on G-20 Trade Measures, released on June 12, 2015, covers the period October 16, 2014, to May 15, 2015. It said that, during the period, G-20 economies applied […]

WTO Welcomes New Commitments To TFA

The World Trade Organization (WTO) announced on June 11, 2015, that 66 developing and least-developed country members have now submitted notifications to the WTO outlining which provisions of the new Trade Facilitation Agreement (TFA) they intend to implement upon entry into force of the pact. The TFA will create binding commitments across all WTO members […]

WTO to examine three Trade Disputes

On March 25, 2015, the World Trade Organization (WTO) Dispute Settlement Body (DSB) established panels to study three separate complaints related to trade-restrictive tax measures imposed by the European Union, Russia, and the United States. One of the panels will examine a complaint brought by Pakistan against the EU over countervailing measures imposed on polyethylene […]