Private Sector Consultative Group meets during WCO's Permanent Technical Committee week The Private Sector Consultative Group (PSCG) of the World Customs Organization (WCO) held a meeting on 24 April 2023 to discuss various issues related to the activities of the WCO. The meeting was chaired by the…

Source: WTO The World Trade Organization, the World Bank Group and the World Economic Forum on 20 April launched “Action on Climate and Trade” (ACT), a new initiative that aims to help participating developing economies, including least-developed countries, use trade to meet their climate change…

Source: WTO There has been a clear downward trend in tariffs since the WTO was established in 1995. Since 1996, global trade in goods has more than quadrupled, reaching a total of US$ 18.6 trillion for imports in 2021, compared to US$ 4.4 trillion in 1996. Over the same period, available data…

The first week of April of 2023 is a special moment among the three Abrahamic faith traditions–Christianity, Judaism and Islam–as major annual observances will overlap this year. This overlap is quite rare, occurring three times in a century. Muslims will be midway through their month-long…

Source: WTO Trade growth to slow to 1.7% in 2023 following 2.7% expansion in 2022 Global trade growth in 2023 is still expected to be subpar despite a slight upgrade to GDP projections since last fall, WTO economists said in a new forecast on 5 April. Weighed down by the effects of the war in…

Source: WTO The WTO’s annual Public Forum, to be held from 12 to 15 September 2023, will focus this year on how trade can contribute to a greener, more sustainable future. The Forum will examine in particular how the services sector, digitalisation and inclusive trade policies can support global…

Source: WTO Increasing the participation of least-developed countries (LDCs) in global supply chains was the focus of an experience-sharing session on 20 February bringing together WTO members and business representatives from LDCs. The event was organized under the aegis of the Sub-Committee on…

Source: WCO Solomon Islands deposited with the Belgian Government its instrument of accession to the Convention Establishing a Customs Co-operation Council on 26 January 2023 and thus become the 185th Member of the Organization. An English-speaking archipelagic State, located in the southwestern…

The World Customs Organization (WCO) is organising a workshop on rules of origin from February 8 to 10, 2023, and is inviting you to take part in it. As regional integration continues to be a driving force, rules of origin remain a prominent feature of today’s international trading system. The…