The Council for Trade in Goods (CTG) recently convened to address an array of specific trade concerns, with four new issues making their debut at the meeting. These concerns involve the regulatory actions and trade measures of key global players, including the European Union, India, the Philippines, and the United States.
The European Union’s proposal on fluorinated greenhouse gases prompted concerns from both the United States and Japan regarding its development and potential impact. Thailand noted delays in import licensing in India, while Japan and the United Kingdom expressed caution about a Philippines Senate bill that could limit raw mineral exports.
China took issue with the recent tariff measures announced by the United States, claiming they violated World Trade Organization (WTO) rules and disrupted global trade norms. A significant number of WTO members echoed these worries, emphasizing the need for dialogue within the WTO framework.
The United States addressed the concerns about its tariff duties announced on April 2 and 9 under "other business". They clarified that President Donald Trump had declared a national emergency due to ongoing trade deficits. The US maintained that these measures were under the essential security exception in the WTO Agreement.
Responding, China regretted the impact of the US measures, urging collaboration to resolve tensions, underscoring that there are no victors in trade conflicts.
In other sessions, the CTG was briefed on the ongoing discussions for better management of trade concern dialogues, including potential resolutions based on other committee practices. The WTO Secretariat presented a new transparency report indicating varying compliance rates with notification requirements among members.
Additionally, the United States highlighted concerns about the WTO Secretariat's operations, urging a more member-driven approach. While several members appreciated the Secretariat's technical contributions, they called for improved transparency and communication.
Deputy Director-General Angela Ellard assured members of the Secretariat's commitment to transparency and continuous service improvement, introducing a transparency portal to aid this objective.
The meeting concluded with the election of Gustavo Nerio Lunazzi of Argentina as the new Chair of the Goods Council. Outgoing Chair Ambassador Clare Kelly of New Zealand reflected on the historical significance of their meeting space, reminding members of their duty to uphold and adapt the legacy of their predecessors for future challenges.