Tag: World Trade Organization
Removing quantitative restriction on PH rice imports to cut prices
The lifting of the quantitative restriction (QR) on Philippine rice imports in favor of tariffs will bring several benefits to the economy, including slashing...
PH presses for inclusion of MSMEs, farmers in WTO agenda
The Philippines has identified key priority measures for the country as it pushes for inclusive globalization during the recent 11th World Trade Organization (WTO)...
US imposes import duties on Vietnam steel products
The U.S. Department of Commerce slapped heavy import duties on some steel products from Vietnam after it decided they originated in China, violating the...
A look at PH customs chief’s first 100 days
Reforms geared towards eradicating corruption and increasing revenues marked the first 100 days in office of Philippine Customs Commissioner Isidro Lapeña, a Bureau of...
WTO members apply fewer trade restrictions despite volatile economy
World Trade Organization (WTO) members introduced fewer trade-restrictive measures from mid-October 2016 to mid-October 2017 compared to the previous year, according to the organization’s...
New ICC business guide demystifies international trade agreements
The International Chamber of Commerce (ICC), the world business organization, has released the first volume of Business Guide to Trade and Investment, a nuts...
Latest WTO outlook indicator: Trade growth will moderate in Q4 2017
The WTO’s latest World Trade Outlook Indicator (WTOI) suggests that global merchandise trade growth will likely moderate in the fourth quarter of 2017. The...
Warning: Here Comes An Empowered Customs Audit Group
Malacañang has recently issued Executive Order (EO) No. 46 (dated October 20, 2017) entitled “Reviving the Post Clearance Audit Function of the Philippine Bureau...
GATT marks seven decades
The General Agreement on Tariffs and Trade (GATT) is 70 years old.
On 30 October 1947, 23 countries signed the Final Act of the GATT. Devised...
WCO welcomes WTO Trade Facilitation Committee chair
The World Customs Organization (WCO) recently hosted a working lunch for Daniel Blockert, Chairperson of the World Trade Organization (WTO) Trade Facilitation Committee and Swedish Ambassador...
