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

World Trade Organization — Latest news

Members urged to keep reinvigorating the WTO to deliver benefits for people through trade

The 13th WTO Ministerial Conference (MC13) opened in Abu Dhabi on 26 February with a call to WTO members to seize the full potential of the multilateral trading system so that it delivers for the people it serves, accelerating the green transition and fostering socio-economic inclusion around the world. WTO Director-General Ngozi Okonjo-Iweala urged members to show leadership, flexibility and compromise to deliver important outcomes at MC13 for people and the planet.

26 February 2024

Wave of acceptances of Agreement on Fisheries Subsidies at MC13 advances entry into force

Eight WTO members deposited their instruments of acceptance of the Agreement on Fisheries Subsidies on 26 February at the opening of the 13th Ministerial Conference (MC13), putting the historic agreement for ocean sustainability on track for entry into force at record pace. Ministers of Brunei Darussalam, Chad, Malaysia, Norway, Rwanda, Saudi Arabia, Togo, and Türkiye presented their instruments of acceptance to Director-General Ngozi Okonjo-Iweala in a ceremony at MC13 taking place in Abu Dhabi, United Arab Emirates.

26 February 2024

Ministers approve WTO membership of Comoros and Timor-Leste at MC13

Ministers formally approved the WTO membership terms of Comoros and Timor-Leste at a special ceremony held at the 13th WTO Ministerial Conference (MC13) in Abu Dhabi on 26 February 2024. The respective governments said the ceremony marked a historic day for both least-developed countries (LDCs) and a significant step in their quest to accelerate economic and political reforms.

26 February 2024

The MC13 opening ceremony

Remarks by Director-General Okonjo-Iweala

26 February 2024

DG welcomes Abu Dhabi Parliamentary Conference on WTO, urges parliamentarians to support a successful MC13

Speaking at the Parliamentary Conference on the WTO in Abu Dhabi on 25 February on the eve of the WTO’s 13th Ministerial Conference (MC13), Director-General Ngozi Okonjo-Iweala said that parliamentary support for a successful MC13 is vital for WTO negotiators gathered in Abu Dhabi.

25 February 2024

Iceland gives CHF 20,000 to support LDCs’ participation in MC13

Iceland has contributed CHF 20,000 to help government officials from least-developed countries (LDCs) take part in the 13th WTO Ministerial Conference (MC13), which will be held from 26 to 29 February in Abu Dhabi, United Arab Emirates.

25 February 2024

WTO, ITC launch USD 50 million global fund for women exporters in the digital economy

The WTO and the International Trade Centre (ITC) today (25 February) launched a USD 50 million global fund to help women tap into opportunities in international trade and the digital economy on the sidelines of the 13th Ministerial Conference taking place in Abu Dhabi, United Arab Emirates. The Women Exporters in the Digital Economy (WEIDE) Fund will help women-led businesses and women entrepreneurs in developing economies and least-developed countries adopt digital technologies and expand the online presence of their enterprises.

25 February 2024

Three-quarters of members mark finalization of IFD Agreement, request incorporation into WTO

Ministers representing 123 WTO members issued on 25 February a Joint Ministerial Declaration marking the finalization of the Investment Facilitation for Development (IFD) Agreement and made it available to the public. Ministers also issued a submission asking for the 13th WTO Ministerial Conference (MC13), taking place in Abu Dhabi on 26-29 February, to incorporate the IFD Agreement into Annex 4 of the Marrakesh Agreement Establishing the WTO. Participants represent three-quarters of the WTO membership, including close to 90 developing economies and 26 least-developed economies.

25 February 2024

China Round Table looks at Arab perspectives on WTO accession

The 12th China Round Table on WTO Accessions, held on 24-25 February in Abu Dhabi, focused on how trade and active participation in the WTO could be used to foster economic development and resilience, particularly for the Arab region. WTO Director-General Ngozi Okonjo-Iweala noted the importance of understanding and addressing the unique challenges that Arab countries face when acceding to the organization, particularly as this China Round Table was taking place in the United Arab Emirates (UAE) ahead of the 13th Ministerial Conference (MC13), to be held on 26-29 February.

25 February 2024

DG Okonjo-Iweala urges trade ministers’ coalition to boost climate action through the WTO

At the 25 February meeting of the Coalition of Trade Ministers on Climate, Director-General Ngozi Okonjo-Iweala welcomed high-level officials’ efforts and leadership to boost their actions to address climate change. The meeting of the coalition, which counts Fiji, Papua New Guinea and Morocco as the newest members, was held at the margins of the WTO’s 13th Ministerial Conference (MC13) taking place in Abu Dhabi, United Arab Emirates.

25 February 2024