Trade News
Lombard Trading demands $17.5M from TOI Commodities over 33,000 ton soybean meal deal, threatens $52M theft lawsuit
A legal battle between Lombard Trading International Corp. and Switzerland-based TOI Commodities S.A. has escalated sharply, with Lombard accusing TOI of “civil theft” and threatening a Florida lawsuit seeking more than $52 million in damages.
Tuna conservation spokesperson on recycling nets: NIRSA is 'transforming waste into useful items'
A TUNACONS spokesperson said that in 2024, under a 2022 agreement involving NIRSA, 100 tons of disused fishing nets were delivered by NIRSA and recycled into products like sunglasses and textiles.
By Globe Banner | Jun 10, 2025
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Tuna Conservation Group on NIRSA’s role in tuna sustainability push: 'Implemented a Fisheries Improvement Project (FIP) for 8 years'
By Globe Banner | Jun 10, 2025
A representative from TUNACONS said that since 2015, the tuna sustainability partnership, which includes founding members NIRSA, Servigrup, Eurofish, Pesquera Jadran, and Tri Marine with support from the World Wildlife Fund (WWF), has been running...
UN Ocean Conference discusses trade policies for sustainable marine ecosystems
By Globe Banner | Jun 10, 2025
The UN Ocean Conference 2025 commenced with a session co-chaired by Brazil's Minister Marina Silva and Greece's Minister Stavros Papastavrou.
Deadline extended for WTO's 2025 Public Forum proposal submissions
By Globe Banner | Jun 10, 2025
The deadline for submitting proposals for the 2025 Public Forum has been extended to June 22, 2025.
WTO opens proposal call for fish subsidies agreement implementation
By Globe Banner | Jun 6, 2025
Developing and least-developed country (LDC) members of the World Trade Organization (WTO) who have ratified the Agreement on Fisheries Subsidies are now eligible to submit proposals for technical assistance and capacity-building activities.
WTO addresses trade facilitation agreement progress amid ongoing challenges
By Globe Banner | Jun 5, 2025
The World Trade Organization (WTO) has focused its recent efforts on the implementation of the Trade Facilitation Agreement (TFA), addressing transit issues and enhancing capacity-building measures.
Canada seeks WTO panel over China's agricultural tariffs
By Globe Banner | Jun 5, 2025
Canada has requested the establishment of a dispute panel to address additional import duties imposed by China on certain Canadian agricultural and fishery products.
WTO upgrades e-Learning platform for better user experience
By Globe Banner | Jun 3, 2025
The World Trade Organization (WTO) has announced an upgrade to its e-Learning platform, aiming to enhance the user experience and learning outcomes for participants.
China commits $600K for WTO accession aid
By Globe Banner | Jun 3, 2025
China has committed USD 600,000 to support the World Trade Organization (WTO) accession and assist least-developed countries (LDCs).
Nicaragua accepts agreement on fisheries subsidies as 101st WTO member
By Globe Banner | Jun 2, 2025
Nicaragua has become the 101st member of the World Trade Organization (WTO) to formally accept the Agreement on Fisheries Subsidies.
United States Court of International Trade invalidates presidential tariffs
By Globe Banner | May 29, 2025
The U.S. Court of International Trade struck down tariffs imposed by President Donald Trump, ruling they exceeded the limits of presidential authority and violated the Constitution’s separation of powers due to a lack of clear legal boundaries.
Malawi joins global effort as 100th member accepting fisheries subsidies agreement
By Globe Banner | May 28, 2025
Malawi has become the 100th member of the World Trade Organization (WTO) to formally accept the Agreement on Fisheries Subsidies.
Goods Council announces 2025 chairs for subsidiary bodies
By Globe Banner | May 27, 2025
Members of the Goods Council have agreed on the chairpersons for its subsidiary bodies for 2025.
China requests WTO panel over Canadian surtax measures
By Globe Banner | May 23, 2025
Canada's request for a panel in the case DS636, titled “China — Additional Import Duties on Certain Agricultural and Fishery Products from Canada,” was removed from the agenda of a recent Dispute Settlement Body (DSB) meeting at Canada's request,...
Netherlands contributes CHF 1.3 million to strengthen food safety through STDF projects
By Globe Banner | May 23, 2025
Thanking the Netherlands for its generosity at a signing ceremony on May 23, WTO Director-General Ngozi Okonjo-Iweala said: “The Netherlands’ contribution will help advance STDF projects and programmes to improve the ability of farmers and small...
WTO advances discussions on special treatment proposals ahead of Ministerial Conference
By Globe Banner | May 22, 2025
Members of the World Trade Organization (WTO) are advancing discussions on special and differential treatment proposals, with updates provided by three facilitators.
WTO calls for parliamentary action on fisheries agreement ahead of UN Oceans Conference
By Globe Banner | May 22, 2025
Adopted during the World Trade Organization's (WTO) 12th Ministerial Conference in June 2022, the Agreement on Fisheries Subsidies addresses some of the most damaging forms of fisheries subsidies.
WTO discusses progress on fisheries subsidies agreement
By Globe Banner | May 22, 2025
The World Trade Organization (WTO) Secretariat held an information session on May 22, 2025, to discuss the Agreement on Fisheries Subsidies and the associated Fisheries Funding Mechanism.
WTO Director-General stresses need for reforms ahead of ministerial conference
By Globe Banner | May 21, 2025
The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, emphasized the importance of delivering outcomes on WTO reform at the upcoming 14th Ministerial Conference (MC14).