World Trade Organization

Latest news and articles about World Trade Organization from NEX English

UAE Achieves Significant Leap in Global Export Rankings

Recent reports from the World Trade Organization indicate that the United Arab Emirates has made a remarkable advancement in its global export ranking, with exports expected to reach <strong>1.637 trillion dollars</strong> by <strong>2025</strong>, up from <strong>949 billion dollars</strong> in <strong>2021</strong>.

Saudi Arabia Affirms Full Support for WTO Reform Efforts

The 14th Ministerial Conference of the World Trade Organization (WTO) concluded in Yaoundé, Cameroon, where the Saudi delegation, led by Farid Al-Assali, expressed the Kingdom's full support for reform efforts. The conference addressed issues related to dispute resolution and food security for developing countries.

UAE Achieves Historic Milestone as Top 10 Global Exporter

The World Trade Organization has announced that the United Arab Emirates has made a historic achievement by entering the list of the top 10 exporting countries worldwide for the first time. This milestone reflects the significant growth the country has experienced across various economic sectors.

Global negotiations on e-commerce tariffs fail, raising concerns

The World Trade Organization announced the failure of negotiations regarding tariffs on e-commerce, raising questions about the future of global digital trade. This setback comes at a time when e-commerce is increasingly vital to the global economy.

Saudi Arabia Calls for WTO Reform and E-Commerce Enhancement

During the 14th Ministerial Conference of the World Trade Organization in Yaoundé, Saudi Arabia urged for enhanced reform efforts, particularly in dispute resolution and food security for developing countries. The Kingdom emphasized the importance of facilitating countries' accession to the organization and boosting e-commerce.

Saudi Arabia Supports Reforms in the World Trade Organization

During the 14th Ministerial Conference of the World Trade Organization held in Yaoundé, Cameroon, Saudi Arabia reaffirmed its commitment to supporting reforms aimed at enhancing the organization's efficiency and facilitating global trade engagement.

Indonesia Strengthens Trade Relations Through WTO Meetings

The Indonesian Ministry of Trade announced that its delegation is conducting a series of bilateral meetings with several countries during the 14th WTO Ministerial Conference in Cameroon, aimed at enhancing trade and investment cooperation.

Brazil Blocks Extension of Tariff Moratorium on E-Transactions

World Trade Organization talks in Cameroon reached a deadlock after Brazil obstructed efforts to extend the moratorium on tariffs for electronic transactions. This situation threatens the continuity of digital trade, with discussions set to continue in Geneva amid global trade concerns.

World Trade Organization members agree on new digital trade rules

A group of World Trade Organization (WTO) members has reached an agreement to overcome obstacles related to digital trade rules, paving the way for these rules to be implemented among agreeing nations. This decision comes after years of debate and resistance from some members.

World Trade System Faces Worst Disruptions in 80 Years

The Director-General of the World Trade Organization, Ngozi Okonjo-Iweala, warned that the global trade system is experiencing its worst disruptions in eight decades. This statement was made during the opening of the WTO ministerial conference in Yaoundé, Cameroon.

Announce diplomatic threat to global food supply stability

The World Trade Organization has announced a diplomatic threat to global food supply stability due to disruptions in fertilizer supplies following the Middle East war. The Iranian government has closed the oil and gas artery in the Strait of Hormuz, impacting fertilizer shipments.