News

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…

January 26th is International Customs Day, recognized all over the world and especially at the World Customs Organization (WCO) in Brussels. On this day, the WCO will dedicate 2023 to “Nurturing the next generation: promoting a culture of knowledge-sharing and professional pride in Customs.” This is…