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World Trade Organization — Latest news
  1. WTO members welcomed the appointment of a new facilitator for the ongoing negotiations on dispute settlement reform at a meeting of the WTO’s Dispute Settlement Body (DSB) on 26 April. Members also formally adopted two dispute panel reports, one concerning EU measures relating to palm oil and oil palm crop-based biofuels from Malaysia and the second concerning Australian anti-dumping duties on certain imports from China.
  2. Co-convenors of the e-commerce talks — Australia, Japan and Singapore — said at their last round of negotiations held from 22 to 25 April that the work now will move to the final decision-making phase. This is where participating members will focus on domestic consultations and conduct political outreach to try to close the gaps on remaining issues in the negotiations, they added.
  3. WTO members commemorated on 25 April the 30th anniversary of the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), concluded in Marrakesh as part of the historic package of multilateral agreements that brought the WTO into existence in 1995. Speaking at a High-level Dialogue to mark the date, WTO Director-General Ngozi Okonjo-Iweala said the anniversary was an opportunity to engage in a forward-looking dialogue on how the WTO can best respond to current and future intellectual property needs and interests of its members.
  4. The annual WTO workshop on incentive measures for technology transfer to least-developed countries (LDCs) under the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) concluded in Geneva on 25 April. More than 50 participants from 19 LDCs and eight developed WTO members, as well as experts from intergovernmental organizations and academia, reviewed the state of play on this issue as a prelude to the TRIPS Council meeting on 25-26 April.
  5. The WTO’s Committee on Anti-Dumping Practices met on 24 April 2024 to review members’ latest notifications of new, amended or previously reviewed anti-dumping laws and regulations as well as reports on anti-dumping actions.
  6. South Africa has requested WTO dispute consultations with the European Union concerning certain aspects of the regime imposed by the European Union on the importation of South African citrus fruit. The request was circulated to WTO members on 24 April.
  7. Since the signing of the Marrakesh Agreement Establishing the World Trade Organization on 15 April 1994, global trade has surged, reaching over US$ 30.4 trillion in 2023, a fivefold increase since 1995. At the same time, tariffs have declined markedly under the WTO, helping to reduce trade costs. This growth in trade has coincided with a significant decrease in poverty worldwide, indicating the impact of trade on supporting economic development and improving people’s lives.
  8. The Committee on Subsidies and Countervailing Measures (SCM) held regular and special meetings on 23 April 2024. The need to improve transparency through the submission of timely and complete subsidy notifications was once again a major theme. Committee Chair James Lester (New Zealand) emphasized the critical importance of transparency for the Committee’s operations and highlighted the concerning low rate of compliance with notification obligations. He strongly encouraged members to submit their pending notifications.
  9. The sixth review of the trade policies and practices of Morocco takes place on 22 and 24 April 2024. The basis for the review is a report by the WTO Secretariat and a report by the Government of Morocco.
  10. At a meeting on 19 April, the Working Party on State Trading Enterprises examined notifications and heard calls for greater transparency. The Chair of the Council for Trade in Goods, Ambassador Adamu Mohammed Abdulhamid of Nigeria, presided over the meeting.