Tag: World Trade Organization
WTO goods index hits record high as trade recovery strengthens
The latest goods barometer reading is the highest on record and up more than 20 points year-on-year The rise reflects both the...
Trade policy restraint helped limit COVID harm to global economy—WTO
Of the 384 COVID-19-related trade measures implemented by economies, 65% were trade-facilitating while 35% could be considered trade restrictive84% of the trade-restrictive...
Services trade slump persists but transport posts Q1 gains
Services trade fell 9% year-on-year in the first quarter after posting a 21% decline for the full year of 2020In contrast, global...
Goods trade continues recovery amid growing regional imbalance—WTO
World merchandise trade volume grew 4.3% year-on-year in the first quarter, and a bigger increase is expected in the second quarter due...
Goods trade recovery accelerating: WTO
The goods barometer rose to 109.7, nearly 10 points above the baseline value of 100 and up 21.6 points year-on-yearAll component indices...
WTO reports marked decline in trade restrictions amid COVID-19 pandemic
Economies introduced the lowest number of non-COVID trade-related measures from mid-October 2019 to mid-October 2020 since 2012Trade coverage of import-facilitating measures...
ASEAN commits to seamless flow of essential goods during pandemic
ASEAN member economies have agreed not to impose restrictive trade measures on essential goods and supplies in the region during the pandemicThey...
WTO launches new import licensing database
The World Trade Organization (WTO) has launched a new import licensing database—a one-stop shop for members and interested parties seeking to access...
Q2 world goods trade dives in volume, value amid lockdown
Strict COVID-19 containment measures imposed by economies around the world throughout the second quarter caused merchandise trade volumes to decline by 14.3%...
e-library of WTO schedules of concessions launched
The World Trade Organization (WTO) announced the launch of its new e-library, an online platform that facilitates access to the legal instruments...
