Latest News
WTO leader says agency creating 'a more conducive atmosphere' for substantive reform
By Globe Banner Report | Jul 3, 2023
World Trade Organization (WTO) members convened recently for an informal meeting to discuss potential reforms for the organization, with a particular focus on its deliberative function and institutional matters.
Okonjo-Iweala: 'A better path forward is what we are calling re-globalization'
By Globe Banner Report | Jul 2, 2023
World Trade Organization Director General Ngozi Okonjo-Iweala recently reinforced her advocacy for re-globalization during her keynote speech at the 13th World Chambers Congress in Geneva.
Okonjo-Iweala: World Trade Organization 'can find opportunities in the challenges'
By Globe Banner Report | Jul 1, 2023
This year, the World Trade Organization Chairs annual conference aimed its focus onto currently developing and least developed countries ahead of next year's MC13.
WTO chief 'extends heartfelt appreciation' for Netherlands' support of fisheries program
By Globe Banner Report | Jun 26, 2023
The Netherlands recently made good on its pledge of EUR 1 million (about $1.1 million) to the World Trade Organization’s (WTO) Fisheries Funding Mechanism as part of an effort to aid developing and least-developed countries in implementing the Agreement on Fisheries Subsidies.
Nigeria officially accepts Agreement on Fisheries Subsidies, becomes second African WTO nation to do so
By Globe Banner Report | Jun 20, 2023
Nigeria recently became the second African member of the World Trade Organization (WTO) to deposit its acceptance for the Agreement on Fisheries Subsidies.
WTO Director-General Ngozi Okonjo-Iweala Calls for Global Cooperation in Unlocking Digital Economy's Benefits
By Globe Banner Report | Jun 14, 2023
World Trade Organization Director-General Ngozi Okonjo-Iweala Calls for Global Cooperation in Unlocking Digital Economy's Benefits at a workshop on e-commerce
WTO's Okonjo-Iweala at World Economic Forum Annual Meeting: 'In order to allow growth to recover, we have to strengthen multilateralism'
By Globe Banner Report | Jan 24, 2023
At the recent World Economic Forum Annual Meeting in Davos, WTO Director-General Ngozi Okonjo-Iweala discussed the need for governments to combat division by strengthening trade with all nations.
World Trade Organization highlights progress on trade and gender: ‘Gender issues are now considered as part of the WTO's work’
By Globe Banner Report | Dec 21, 2022
At their last meeting of the year held on Dec. 12, the members of the Informal Working Group on Trade and Gender of the World Trade Organization highlighted the progress on trade and gender they made in 2022 and how they’ll take the next steps in 2023.
ECU Worldwide regional head on new direct trade lane: 'We are among the only ones in the market to offer this unique direct service'
By Globe Banner Report | Nov 30, 2022
ECU Worldwide recently launched a new export direct trade lane from Atlanta, USA to Kingston, Jamaica to give businesses in and around the USA seamless access to the Caribbean, a press release reported.
Okonjo-Iweala: ‘We cannot afford to leave trade and WTO behind’ when tackling climate change
By Globe Banner Report | Nov 14, 2022
World Trade Organization Director-General Ngozi Okonjo-Iweala recently made remarks about how trade and economic cooperation between nations cannot be left behind when tackling the issue of climate change.
World Trade Organization director-general: 'The MOU aims to deliver specific things for the benefit of countries in the region'
By David Beasley | Nov 1, 2022
The World Trade Organization (WTO) and the Caribbean Development Bank signed a Memorandum of Understanding (MOU) Oct. 25 to strengthen the bond between the two organizations.
WTO predicts world trade will slow in 2023: ‘policymakers are confronted with unenviable choices’
By Andy Nghiem | Oct 10, 2022
According to a new report by the World Trade Organization (WTO), world trade is expected to lose momentum in the second half of 2022 and remain slow in 2023.
Mongolia receives $2 Million from USAID 'to strengthen democratic institutions, diversify the economy and modernize the energy sector' amid global food crisis
By Karla Florez | Sep 11, 2022
Mongolia was recently granted $2 million as part of new commitments by the United States Agency for International Development (USAID) in response to the global food crisis.
Whitley: Trade mission to Philippines produced ‘mutually beneficial results’
By Tamara Browning | Sep 8, 2022
A July U.S. Department of Agriculture trade mission to the Philippines led by Agricultural Service Administrator Daniel Whitley resulted in participants having nearly $1 million in on-site sales and $7.25 million in projected 12-month sales.
Haymond: 'Our goal is to assist the Lao PDR in helping its businesses thrive'
By Karen Kidd | Sep 5, 2022
Business leaders from United States and Laos met regarding important economic changes in the region.
Ireland donates over $400,000 to WTO trust funds ‘to enhance the trading capacities of developing countries’
By Tamara Browning | Sep 2, 2022
Ireland will donate approximately $401,521 to help increase the trade know-how of developing countries and “least-developed countries” through partnerships with the World Trade Organization.
Lago: Central American 'trade mission provided unparalleled opportunities for U.S. businesses'
By Karen Kidd | Aug 29, 2022
Under Secretary of Commerce for International Trade Marisa Lago lead a trade mission of 32 U.S. companies during the Central American Business Conference in San José, Costa Rica, Aug. 18-23.
Commerce under secretary for international trade 'heartened' by Costa Rica president's 'eagerness' for US collaboration during Central American Business Conference
By Karen Kidd | Aug 28, 2022
Department of Commerce Under Secretary for International Trade, Marisa Lago, came out of an important trade meeting in Costa Rica last week "heartened" by that nation's president.
World Trade Organization's Goods Trade Barometer remains steady, but 'uncertainty' surrounds the forecast
By Kasey Schefflin-Emrich | Aug 26, 2022
The World Trade Organization said global trade remains at a stagnant pace in its barometer reading released Tuesday.
Kochava adds Clue as latest Authorized Agency Partner, celebrates 'great milestone' of one year since program launch
By Karla Florez | Aug 15, 2022
Kochava recently selected data, media and advertising company Clue to be its newest Authorized Agency Partner, a recent Business Wire press release said.