World Trade Organization — Latest news
World Trade Organization — Latest news

World Trade Organization — Latest news

Trade Policy Review: Cabo Verde

The second review of the trade policies and practices of Cabo Verde takes place on 14 and 16 May 2025. The basis for the review is a report by the WTO Secretariat and a report by the Government of Cabo Verde.

14 May 2025

DG Okonjo-Iweala and Japan’s Prime Minister issue joint call to strengthen trading system

Director-General Ngozi-Okonjo-Iweala and Japanese Prime Minister Shigeru Ishiba issued a joint call on 13 May to strengthen the multilateral trading system and advance meaningful reform of the WTO. DG Okonjo-Iweala met with Prime Minister Ishiba and other senior Japanese government officials in Tokyo.

13 May 2025

Statement by DG Okonjo-Iweala

Dr Ngozi Okonjo-Iweala, Director-General of the WTO, issued the following statement on 11 May following her meeting with Chinese Vice-Premier He Lifeng in Geneva.

12 May 2025

Members note benefits, challenges for Customs Valuation Agreement at anniversary event

WTO members marked the 30th anniversary of the Customs Valuation Agreement (CVA) on 9 May by noting the achievements of the Agreement as well as future challenges arising from digital trade. Speaking at a meeting of the Committee on Customs Valuation, Deputy Director-General Angela Ellard said the challenge for members is to “ensure uniformity in interpretation and application of the Agreement in this volatile trading environment and constantly evolving business models.”

9 May 2025

Trade and Gender Group discusses new work programme, potential MC14 outcomes

Members of the Informal Working Group on Trade and Gender met on 9 May 2025 to discuss the results of consultations on the 2025-26 work plan and potential outcomes on trade and gender for the 14th WTO Ministerial Conference (MC14), scheduled to take place on 26-29 March 2026 in Yaoundé, Cameroon.

9 May 2025

Committee marks 30th anniversary of Agreement on Import Licensing Procedures

At its meeting on 8 May, the Committee on Import Licensing marked the 30th anniversary of the Agreement on Import Licensing Procedures. The Committee also reviewed 12 specific trade concerns raised by members, a record number for a Committee meeting.

8 May 2025

DG Okonjo-Iweala: Broad agreement on WTO reform as “central priority” for MC14

There is a “broad agreement” among WTO members that repositioning and reform of the organization must be a central priority for the 14th Ministerial Conference (MC14) due to take place in March 2026, Director-General Ngozi Okonjo-Iweala said on 7 May. She spoke at a meeting of the WTO’s Trade Negotiations Committee (TNC) in her capacity as Chair of the body.

7 May 2025

Members seek to broaden ITA participation, examine links with AI and e-commerce

Participants in the WTO’s Information Technology Agreement (ITA) and the ITA Expansion Agreement endorsed on 7 May a programme of discussions aimed at broadening the agreements’ membership and examining the ITA’s role in advancing artificial intelligence (AI) and e-commerce. Members also welcomed initial steps to address classification challenges in tariff schedules for 22 IT products to ensure the effective implementation of the agreements.

7 May 2025

WTO members discuss pathways for sustainable agriculture in global trade

WTO members gathered on 5-6 May in Geneva for an in-person retreat, under the auspices of the General Council, on sustainable agriculture in the multilateral trading system. Building on contributions and support from members, the meeting provided a space for open dialogue and deeper understanding of the link between sustainable agriculture and trade.

6 May 2025