Globe Banner News
U.S. outlines priorities for HLPF Ministerial Declaration focusing on sustainable development goals
By Globe Banner | Mar 28, 2024
The United States has extended its congratulations to Ambassador Blanco and Ambassador Brattested on their roles as co-facilitators for the High-Level Political Forum (HLPF) Ministerial Declaration.
China challenges US tax credits for electric vehicles at WTO
By Globe Banner | Mar 28, 2024
China has initiated a dispute with the United States at the World Trade Organization (WTO) concerning specific tax credits under the US Inflation Reduction Act. These credits are designed to encourage the production of electric vehicles and renewable energy projects. The request for consultations was shared with WTO members on March 28, 2024.
U.S. officials highlight worsening crisis in Sudan amid calls for urgent action
By Globe Banner | Mar 28, 2024
Ambassador Linda Thomas-Greenfield and U.S. Special Envoy for Sudan Tom Perriello recently addressed the ongoing crisis in Sudan, highlighting the severe humanitarian challenges faced by millions of Sudanese people during Ramadan.
UN faces criticism over lackluster outcomes in recent Fifth Committee session
By Globe Banner | Mar 28, 2024
Thank you, Mr. Chair.
WTO announces Canada increases STDF aid with CAD 250,000
By Globe Banner | Mar 27, 2024
The World Trade Organization (WTO) has announced that Canada is contributing CAD 250,000 to the Standards and Trade Development Facility (STDF). This contribution is aimed at assisting developing economies and least-developed countries in meeting global food safety and trade standards. With this recent contribution, Canada's total support to the STDF has reached nearly CHF 7.5 million since 2005.
WTO discusses digital trade impact amid pandemic challenges
By Globe Banner | Mar 27, 2024
World Trade Organization (WTO) members convened to discuss the impact of the COVID-19 pandemic on digital and remittance services during events held on March 25 and 27. These discussions were organized under the Committee on Trade in Financial Services and the Council for Trade in Services.
U.S. commends CSW's agreed conclusions but notes areas needing improvement
By Globe Banner | Mar 27, 2024
The United States has expressed its commendation for the successful adoption of the Agreed Conclusions at the 68th session of the Commission on the Status of Women.
UN urged for action against aggression in Democratic Republic of Congo
By Globe Banner | Mar 27, 2024
Thank you, Madam President.
Nordea updates allocation framework impacting business area results starting 2024
By Globe Banner | Mar 26, 2024
Nordea has announced an update to its internal allocation framework, effective from the beginning of 2024.
WTO opens applications for regional workshop on trade and public health
By Globe Banner | Mar 26, 2024
The World Trade Organization (WTO) is organizing a Regional Workshop on Trade and Public Health in Rabat from May 28 to 30, 2024. The workshop is aimed at government officials from WTO members and observers in French-speaking Africa. Applications for participation are open until April 3, 2024.
US abstains from UN resolution calling for Gaza ceasefire
By Globe Banner | Mar 26, 2024
The United States abstained from a UN Security Council resolution that called for a ceasefire in Gaza until the end of Ramadan and the release of all hostages.
Committee agrees on market access sessions; addresses trade concerns
By Globe Banner | Mar 26, 2024
Members of the Committee on Market Access (CMA) have agreed on a timetable for thematic sessions in 2024, focusing on supply chain resilience and promoting a greener Harmonized System (HS). This system is used to classify traded goods in collaboration with the World Customs Organization (WCO). The meeting, held on March 25-26, also addressed numerous trade concerns and elected Mr. Kenya Uehara of Japan as interim Chair.
WTO releases report on Australian duties on Chinese products
By Globe Banner | Mar 26, 2024
The World Trade Organization (WTO) has released a panel report on March 26, 2024, concerning the dispute initiated by China against Australia. The case, titled "Australia — Anti-Dumping and Countervailing Duty Measures on Certain Products from China" (DS603), addresses Australia's imposition of duties on specific Chinese goods.
Students engage in Model WTO simulation focusing on trade subsidies
By Globe Banner | Mar 26, 2024
On March 26, over 60 students from various parts of the world participated in the final session of "Model WTO," a week-long simulation of World Trade Organization (WTO) negotiations. This event is organized annually by students from St. Gallen University with support from the WTO.
WTO hosts discussion on women's role in global trade
By Globe Banner | Mar 26, 2024
An event titled "A joint conversation on women’s economic empowerment," hosted by the World Trade Organization (WTO) and the Enhanced Integrated Framework (EIF) on March 26, showcased recent initiatives aimed at addressing gender inequality in trade and fostering women's empowerment.
Chamber of Digital Commerce urges U.S. government to act on behalf of American businessman detained in Nigeria
By Globe Banner | Mar 25, 2024
The Chamber of Digital Commerce has issued an urgent appeal in a blog post titled "Urgent Call to Action: American Citizen and Crypto Sector Worker Kidnapped by Nigerian Government". The Chamber is urging President Biden to "employ every diplomatic measure to ensure" the immediate release of Binance executive Tigran Gambaryan. According to the Chamber's post, Gambaryan was invited to Nigeria under "false pretenses" and was subsequently detained without being charged with any offense.
WTO explores support strategies for least-developed countries transitioning out of status
By Globe Banner | Mar 25, 2024
WTO members convened on March 25, 2024, to discuss strategies for aiding least-developed countries (LDCs) in their transition from the LDC category. The meeting was part of the Sub-Committee on Least Developed Countries, where Ambassador Ib Petersen of Denmark noted, “It is very encouraging to see that WTO members have shown commitment to support a smooth transition for graduating LDCs.”
US criticizes Russia's approach in UN Security Council procedural vote
By Globe Banner | Mar 25, 2024
The United States expressed its disappointment over a procedural vote in the UN Security Council, describing it as "entirely predictable and avoidable."
U.S. Mission announces funding opportunity for LGBTQI+ refugee support in Ecuador
By Globe Banner | Mar 25, 2024
The U.S. Mission in Ecuador, in partnership with the U.S. State Department’s Bureau of Population, Refugees and Migration (PRM), has announced an opportunity for funding through the Julia Taft Refugee Fund 2024.
UN General Assembly reflects on slavery legacy and systemic racism
By Globe Banner | Mar 25, 2024
The United Nations General Assembly recently held a meeting to commemorate the International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade.