#World Trade Organisation (WTO)
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Travel the World of Imagination: Journeys Beyond Border
Kieth Denmark M. Retes | BSIT1A OVERVIEW:
Switzerland originates from the Old Swiss Confederacy established in the Late Middle Ages, following a series of military successes against Austria and Burgundy; the Federal Charter of 1291 is considered the country's founding document. Swiss independence from the Holy Roman Empire was formally recognized in the Peace of Westphalia in 1648. Switzerland has maintained a policy of armed neutrality since the 16th century and has not fought an international war since 1815. It joined the United Nations only in 2002 but pursues an active foreign policy that includes frequent involvement in peace building.
Switzerland is the birthplace of the Red Cross and hosts the headquarters or offices of most major international institutions including the WTO, the WHO, the ILO, FIFA, the WEF, and the UN. It is a founding member of the European Free Trade Association (EFTA), but not part of the European Union (EU), the European Economic Area, or the eurozone; however, it participates in the European single market and the Schengen Area. Switzerland is a federal republic composed of 26 cantons, with federal authorities based in Bern. references: Switzerland - Wikipedia
Switzerland, a small yet influential country nestled in the heart of Europe, stands out in many ways. From its awe-inspiring landscapes to its unique political system, Switzerland offers a blend of natural beauty, cultural diversity, and global diplomacy that few other nations can match. Its distinct character is a product of centuries of neutrality, innovation, and a deep respect for its heritage, all of which contribute to the nation’s unparalleled reputation on the world stage.
One of the first things that captivates visitors to Switzerland is its breathtaking scenery. The country is dominated by the majestic Alps, with towering snow-capped peaks that attract adventurers and nature lovers from around the globe. Whether it’s skiing in world-class resorts like Zermatt and St. Moritz or hiking through verdant valleys and along crystal-clear lakes, Switzerland offers outdoor experiences that are hard to rival. Beyond the Alps, the country is dotted with picturesque towns, lush meadows, and sparkling lakes, such as Lake Geneva and Lake Lucerne, each offering their own unique charm. The country's commitment to environmental preservation further enhances the beauty of these landscapes, ensuring that they remain pristine for future generations.
Swiss culture is characterized by diversity, which is reflected in diverse traditional customs. A region may be in some ways culturally connected to the neighbouring country that shares its language, all rooted in western European culture. The linguistically isolated Romansh culture in Graubünden in eastern Switzerland constitutes an exception. It survives only in the upper valleys of the Rhine and the Inn and strives to maintain its rare linguistic tradition.
Switzerland is home to notable contributors to literature, art, architecture, music and sciences. In addition, the country attracted creatives during times of unrest or war. Some 1000 museums are found in the country.
Among the most important cultural performances held annually are the Paléo Festival, Lucerne Festival, the Montreux Jazz Festival, the Locarno International Film Festival and Art Basel.
Alpine symbolism played an essential role in shaping Swiss history and the Swiss national identity. Many alpine areas and ski resorts attract visitors for winter sports as well as hiking and mountain biking in summer. The quieter seasons are spring and autumn. A traditional pastoral culture predominates in many areas, and small farms are omnipresent in rural areas. Folk art is nurtured in organisations across the country. Switzerland most directly in appears in music, dance, poetry, wood carving, and embroidery. The alphorn, a trumpet-like musical instrument made of wood has joined yodeling and the accordion as epitomes of traditional Swiss music.
references: Switzerland - Wikipedia
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On Tuesday, Poland summoned Ukraine's ambassador over comments made by President Volodymyr Zelensky at the UN.
He said some nations had feigned solidarity with Ukraine, which Warsaw denounced as "unjustified concerning Poland, which has supported Ukraine since the first days of the war". Poland's prime minister, Mateusz Morawiecki, announced the decision to no longer supply Ukraine with weapons in a televised address on Wednesday after a day of rapidly escalating tensions between the two countries over grain imports. "We are no longer transferring weapons to Ukraine, because we are now arming Poland with more modern weapons," Mr Morawiecki said. The grain dispute began after Russia's full-scale invasion of Ukraine all but closed the main Black Sea shipping lanes and forced Ukraine to find alternative overland routes. That in turn led to large quantities of grain ending up in central Europe. Consequently, the European Union temporarily banned imports of grain into five countries; Bulgaria, Hungary, Poland, Romania and Slovakia to protect local farmers, who feared Ukrainian grain was driving down the prices locally. The ban ended on 15 September and the EU chose not to renew it, but Hungary, Slovakia and Poland decided to keep on implementing it.[...]
Earlier this week, Ukraine filed lawsuits to the World Trade Organisation (WTO) against those countries over the bans, which it said were a violation of international obligations. Ukraine's Economy Minister Yulia Svyrydenko said that "it is crucially important for us to prove that individual member states cannot ban imports of Ukrainian goods". But Poland said they would keep the ban in place, and a "complaint before the WTO doesn't impress us". Mr Morawiecki said they would increase the number of banned products from Kyiv if Ukraine escalates the grain dispute. Poland's foreign ministry added that "putting pressure on Poland in multilateral forums or sending complaints to international courts are not appropriate methods to resolve differences between our countries".
Poland's the last of the 3 disputing Ukrainian grain that I would have expected to take it to this level [21 Sep 23]
#seems like an undeniable turning point#breaking some sorta seal#Poland's the big dog of the small dogs so#figured hungary n maybe slovakia would#point of pride it seems#thought pis would take more pride in shooting the muscovites#guess not enough return on investment so they figured theyd inhouse the process
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Biotechnology and the future of humanity
The development of the technology of Genetic Modification (GM) stretches back decades but most people have started to become aware of its implications only during the 90s. First Monsanto introduced rBST, a GM growth hormone designed to increase milk yields in the US. After some controversy the EU decided to ban its import into Europe, a decision that is likely to be overturned by the World Trade Organisation (WTO) soon. Then in 1996 shipments of soya beans genetically modified to be resistant to Monsanto’s herbicide Roundup started to arrive in this country, prompting public disquiet. The sacking of Dr Puzstai from the Rowett Institute for claiming that consuming GM potatoes harmed rats provoked quite a food scare frenzy in the capitalist media. But the “Frankenstein Foods” paranoia also tended to obscure the environmental and social disasters that will follow if the corporations carry out their plans to introduce GM on a large scale. To quote Vandana Shiva “It seems that the Western powers are still driven by the colonising impulse to discover, conquer, own, and possess everything, every society, every culture. The colonies have now been extended to the interior spaces, the ‘genetic codes’ of life forms from microbes and plants to animals, including humans.”
#biotech#biotechnology#classism#ecology#climate crisis#anarchism#resistance#community building#practical anarchy#practical anarchism#anarchist society#practical#revolution#daily posts#communism#anti capitalist#anti capitalism#late stage capitalism#organization#grassroots#grass roots#anarchists#libraries#leftism#social issues#economy#economics#climate change#climate#anarchy works
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The reality of Oxfam's involvement with Coldplay [CROSSBEAT (August 2006)]
In the UK, where philanthropy is very popular, celebrities and individuals often choose one (or more) of a number of organisations and campaigns to support and work with as part of their life's work. Coldplay's commitment to the UK-based development NGO Oxfam's 'Make Trade Fair' campaign is widely known.
The ‘unfair trade’ that prevails in the world is a long-standing problem between the so-called ‘developed’ and ‘developing’ countries. Historically, it has the same roots as the unfair colonial trade once practised by Western countries. Western countries buy raw materials at low prices from developing countries (without teaching them the technology) and export them, while selling goods mass-produced in their own countries to developing countries. Even now, developed countries are forcing developing countries to open their markets, putting pressure on the livelihoods of local farmers and workers. In the 1990s, when people became aware of the problems of unfair trade, it began to become a problem that footballs made by young children in Pakistan and other Asian countries, who were not allowed to go to school and were forced to work for cheap wages, were traded at high prices in the UK. In addition, in the banana industry, where five major corporations control more than 80% of the world market, the struggles of Latin American farmers, who are forced to ship at unfairly low prices, attracted attention and support movements in the late 1990s. As a result, when the first ‘fair trade bananas’ were imported into the UK in 2000, it was widely reported.
In 2002, Oxfam launched an international campaign to bring together the sporadic campaign to correct unfair trade and to call on governments and the WTO to change trade rules and shift policies. In 2002, Chris and his staff visited the Dominican Republic and Haiti in Central America to see first-hand the plight of the local people and the production of coffee beans, which had seen a decline in wholesale prices in recent years. In 2003, they visited Mexico, where they performed as a band at a concert in support of maize farmers fighting against cheap imports from the USA. In 2005, Chris toured Ghana (see photo) and was shocked to learn that cheap agricultural imports from the West were destroying local agriculture and contributing to poverty. Incidentally, Ghana is the second largest producer of cocoa beans in the world, yet it cannot make chocolate. Even if they did, they could not export it because of high tariffs imposed by developed countries.
What is needed is not for rich countries to seek more wealth, but for them to share it with less rich countries. "When I was a child in the 80s, if you saw on TV the miserable situation of farmers, the only solution was to ‘donate money’. But here I see other solutions. I mean, everyone can participate by speaking up. The more I study, the more I think that poverty is also caused by trade imbalances. What I feel is particularly serious is that we are ruining the industries of developing countries by exporting products that are surplus in developed countries at unbeatable prices. It's crazy. It should be easy to stop." (Chris).
Chris has made the movement known by wearing campaign slogan T-shirts in public, including at shows, and by contributing a column to newspapers. "As long as we're providing music with heart, we can talk openly about things we feel are important in the media in developed countries. We can also promote Fair Trade and play our part in putting pressure on governments in the developed world to expand our activities and bring about trade inequalities." -Sumi Imai
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التقى صاحب السمو الشيخ محمد بن راشد آل مكتوم، نائب رئيس الدولة رئيس مجلس الوزراء حاكم دبي “رعاه الله”، بحضور سمو الشيخ حمدان بن محمد بن راشد آل مكتوم، ولي عهد دبي، معالي نجوزي أوكونجو إيوالا، المدير العام لمنظمة التجارة العالمية، وذلك على هامش القمة العالمية للحكومات.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, in the presence of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, met with Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation (WTO) on the sidelines of the World Government Summit (WGS) 2023.
Monday, 13 February 2023 الأثنين
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G20 leaders to COP29: Don’t leave Baku without new financial goal
UN Executive Secretary Simon Stiell called on world leaders to honour their promises and prioritise a new ambitious financial target at the climate summit in a powerful statement at COP29 on Tuesday.
Speaking from Baku, Stiell emphasised that G20 leaders had given a clear message to negotiators:
“Do not leave Baku without a successful new finance goal.”
Stiell emphasised the urgent need for global cooperation in addressing the climate crisis, drawing attention to the interconnected problems of escalating climate impacts, devastating debt crises and supply chain failures that are driving up inflation around the world.
According to the UN executive secretary, creating a credible and ambitious climate finance target is crucial not only to combat climate change, but also to ensure economic stability and resilience in the face of growing environmental disasters. He said:
“The G20 has sent an unequivocal message: financial reforms to ensure climate action are needed now more than ever. This is essential in a world where the impacts of climate change are wreaking havoc on lives and economies, particularly in vulnerable regions.”
Stiell also noted that new financial commitments must be accompanied by stronger national climate plans. G20 leaders recognised that only through bold and comprehensive climate strategies will countries be able to transition to a clean energy-based, climate-resilient global economy. Stiell urged, emphasising the need for swift and decisive action in Baku:
“Time is of the essence. We must move beyond posturing and get to work on reaching common ground on all issues, including finance, adaptation, and mitigation.”
As COP29 progresses, Stiell’s statement signals a critical moment in global climate negotiations. The UN Executive Secretary’s call for a balanced package that includes a new financial target as a centrepiece is likely to shape the discussions in the coming days, with all eyes now on whether world leaders can translate their commitments into concrete results.
Stiell’s speech came just hours after G20 leaders, including representatives of the world’s largest economies, reaffirmed their commitment to tackling the twin challenges of climate change and economic instability.
Summit G20 conclusions
Meanwhile, the G20 leaders spoke in favour of reforming the UN Security Council, the World Trade Organisation and, more generally, the international financial architecture. The Summit Declaration notes that these plans “would meet the requirements and realities of the 21st century.” It is pointed out that the expansion of the UN Security Council to include countries from Africa, Asia-Pacific, Latin America and the Caribbean would make this body more representative, inclusive, efficient, effective, democratic and responsible.
WTO reform should help solve problems “to ensure that trade serves as an engine of growth and prosperity for all.” The declaration also noted:
“We will accelerate reform of the international financial architecture so that it can meet the urgent challenges of sustainable development, climate change and poverty eradication efforts. We support the voluntary establishment of country platforms as a possible tool to catalyse sustainable finance in emerging markets and developing economies.”
In addition, the G20 supported progressive taxation, calling it “key to combating inequality.”
Read more HERE
#world news#news#world politics#g20#g20 summit#international politics#foreign policy#cop29#cop29baku#cop29 summit#climate crisis
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Reino de Espana - Kingdom of Spain
Spain, the largest country in Southern Europe and the fourth largest country in the entire European continent by area, is a democratic and constitutional monarchy. Felipe VI is the ruling king of Spain and he is also the head of state and commander in chief of the special forces. Spain is also the world's fourteenth largest economy by nominal GDP and is also a member of the United Nations (UN), European Union (EU), The Council of Europe, North Atlantic Treaty Organisation (NATO), The World Trade Organisation (WTO) and many other international organisations. Located on the Iberian Peninsula in South Western Europe, the country's bordered by the Mediterranean sea, France, Andorra and the Bay of Biscay.
Depending on the purpose of travel, there are different types of visas to be chosen from. Whether a person intends to visit Spain for Medical purposes or for studies or in search of employment opportunities, different Spain Schengen visas are applicable as suited for the purpose. A person can apply for a Spain visa without any difficulty as Spain is now a member state of the Schengen area too.
The first step in applying for a Spanish visa is to fill up the application form. Nowadays, there are detailed instructions that offer guidance in filling up even simple queries asked by the form. Two recent passport sized photographs are required to be attached to the application form.
A Passport copy and copies of previous visas held is also required to be attached along with a copy of the travel ticket. A Schengen Insurance Document along with a letter stating purpose of visit to Spain is also required. Apart from all these, Statement of Means, Proof of Address, Proof of Residence in the United Kingdom, Employment contract (if any), Bank Statements relating to the past six months, Copies of Income Tax Returns filed etc are also required to be filed.
If the visa is for medical purposes, a local medical report, a medical attestation from a hospital or doctor in Spain and payment receipts (if paid) are to be attached.
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Nigerian Newspaper Headlines for Today, Sunday, November 10, 2024 Good morning, Nigeria! Here is a roundup of the top Nigerian news headlines for today, Sunday, November 10, 2024. 1. WTO Confirms Ngozi Okonjo-Iweala as Sole Candidate for Director-General Position The World Trade Organisation (WTO) has confirmed that Ngozi Okonjo-Iweala, the current Director-General, is the only candidate for the position as her first term nears its end. The WTO initiated the appointment process on October 8, with member nations given until November 8 to submit their nominations. According to a statement released on Saturday, Okonjo-Iweala expressed her willingness to serve a second four-year term back in September. Petter Olberg, Chair of the WTO’s General Council, confirmed that no additional nominations were received, paving the way for Okonjo-Iweala's likely reappointment. 2. Tinubu Reappoints Abdullahi Mustapha as NBRDA Director-General President Bola Tinubu has reappointed Prof. Abdullahi Mustapha as the Director-General of the National Biotechnology Research and Development Agency (NBRDA) for another five-year term. The decision, announced by the Secretary to the Government of the Federation, Senator George Akume, highlights Mustapha’s achievements over the past tenure. Mustapha, a Professor of Bioinorganic Chemistry from Kano State, is expected to drive innovation in biotechnology, focusing on food security and pharmaceutical advancements. 3. Tinubu Government Allocates ₦5 Billion for Renovation of VP Shettima’s Lagos Residence The Bola Ahmed Tinubu-led administration has allocated ₦5 billion for the renovation of Vice President Kashim Shettima’s official residence in Lagos. An analysis by The PUNCH revealed that payments were made to Denderi Investment Limited for the renovation work in May and September 2024. Advocacy groups like SERAP have criticized the expenditure, arguing that it violates Nigeria’s anti-corruption commitments, especially amidst the nation’s economic challenges. 4. Deji Adeyanju: "Even 300 Years Wouldn't Be Enough for Tinubu to Solve Nigeria's Hardship" Human rights activist Deji Adeyanju has stated that President Bola Tinubu cannot alleviate the ongoing economic hardship in Nigeria, even if given 300 years in office. Adeyanju criticized Tinubu’s policies, labeling Nigeria as an “anti-poor nation.” He remarked that the country’s economic status does not favor average citizens and accused the government of implementing policies that disproportionately affect the poor. 5. President Tinubu to Attend Arab-Islamic Summit in Saudi Arabia President Bola Ahmed Tinubu will depart Abuja today for Riyadh, Saudi Arabia, to attend the Joint Arab-Islamic Summit. The summit, set to commence on Monday, November 11, 2024, will address the escalating Israel-Palestine conflict. Tinubu is expected to call for an immediate ceasefire and a peaceful resolution to the ongoing crisis. 6. Edo Governor Obaseki Excluded from Okpebholo’s Inauguration Edo State Governor Godwin Obaseki has expressed dissatisfaction over his exclusion from the inauguration plans of Monday Okpebholo by the All Progressives Congress (APC). Obaseki criticized the APC's move, describing it as lawless and asserting that the state government should oversee such events. Okpebholo is set to take office on November 12, 2024. 7. First Lady Remi Tinubu Denies Organizing National Prayer Event Nigeria’s First Lady, Senator Oluremi Tinubu, has dismissed reports that she is planning a national prayer event. Her media adviser, Busola Kukoyi, clarified that the claims circulating on social media are false. The alleged event had sparked backlash, with critics questioning its necessity. 8. New Terrorist Group ‘Lakurawa’ Attacks Kebbi Community, Killing 15 A new terrorist group, identified as Lakurawa, has reportedly attacked Mera, a town in Augie Local Government Area of Kebbi State, killing 15 residents and stealing over 100 cows. Bashir Isah Mera, a prominent resident, confirmed the incident.
The state’s Governor, Nasir Idris, has ordered the deployment of security forces to contain the situation. 9. Obasanjo Says He No Longer Belongs to Any Political Party Former President Olusegun Obasanjo has reiterated his neutrality, stating that he no longer aligns with any political party. Obasanjo made this declaration during a thanksgiving service in Abuja, held in honor of Chief Onyema Ugochukwu’s 80th birthday. His comments come amidst increasing political and economic challenges facing the nation. 10. Obidient Movement Confident of Peter Obi’s Victory in 2027 Election The Obidient Movement, led by National Coordinator Dr. Tanko Yunusa, has expressed optimism that Labour Party's Peter Obi will win the 2027 presidential election. Yunusa cited Obi’s track record and widespread public support as key factors driving their confidence in his potential victory
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The current Director General of the World Trade Organisation, WTO, Ngozi Okonjo-Iweala has signified interest to run for a second term. To this end, Okonjo-Iweala emerged as the sole candidate of the WTO DG. The organisation formally began the process of appointing its next DG on October 8. WTO allowed members until November 8 to […]
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Special episode: Can the WTO shape a fairer world economy?
Send us a text (https://www.buzzsprout.com/twilio/text_messages/915097/open_sms) The World Trade Organisation (WTO) Public Forum is underway in Geneva and its key theme is ‘re-globalisation’. Are we nervous of that word? Inside Geneva sat down with WTO officials to find out what it means. “Trade has been a very powerful force for reducing between-country inequality. Since 1995, for example, since the foundation of the WTO, extreme poverty in the world has been reduced from 40% to 10%, because of growth in many countries that was also export-led,” says Ralph Ossa, WTO chief economist. Many ordinary people think global trade makes them poorer. How can it benefit them? “At the WTO, our members have gotten together and many of them have formed a working group on trade and gender to especially put the lens of women to trade policy and to see what more can be done so that they can take advantage of opportunities,” says Johanna Hill, WTO Deputy Director. The WTO doesn’t tell countries how to run their industries, but it does hope they can learn from one another. “Perhaps one member might say, ‘Well, you know, supporting women in my country has really been a tremendous success. Because now we see higher growth rates, lower poverty rates and so on. Why don't you give it a try yourself?’” says Ossa. Can global trade help us face global challenges? “Nobody questions the importance of regulating to protect the environment or to protect health - everybody agrees on that. It’s the how that might be the question,” says Hill. Join host Imogen Foulkes for a trade special on Inside Geneva. Get in touch! • Email us at [email protected] (mailto:[email protected]) • Twitter: @ImogenFoulkes and @swissinfo_en Thank you for listening! If you like what we do, please leave a review or subscribe to our newsletter. For more stories on the international Geneva (https://www.swissinfo.ch/eng/topic/international-geneva/) please visit www.swissinfo.ch/ (https://www.swissinfo.ch/eng/) Host: Imogen Foulkes (https://www.swissinfo.ch/eng/author/imogen-foulkes/) Production assitant: Claire-Marie Germain (https://www.linkedin.com/in/clairemarie4ba1ab16a/) Distribution: Sara Pasino (https://www.swissinfo.ch/eng/author/sara-pasino/) Marketing: Xin Zhang (https://www.linkedin.com/in/xin-zhang-70327481/) https://www.youtube.com/watch?v=4XBZb7iE5WQ (Source of the original content)
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EU, China hold “constructive” consultation on EV tariffs
China and the European Union have held “comprehensive, in-depth and constructive” consultations on an anti-subsidy investigation launched by the EU Commission into Chinese electric cars.
EU Trade Commissioner Valdis Dombrovskis reported positive progress in talks with Chinese Commerce Minister Wang Wentao on Thursday. The talks come as China seeks an agreement with the European Union to prevent the imposition of high tariffs on electric vehicles (EVs) exported to EU countries.
The meeting comes amid growing disagreement in Europe over the proposed tariffs, with Spain last week calling on the EU to “rethink” plans to impose duties of up to 36 per cent on Chinese electric vehicles, joining Germany in its opposition. Dombrovskis said on X:
“Constructive meeting with Minister of Commerce Wang Wentao. Both sides agreed to intensify efforts to find an effective, enforceable and WTO (World Trade Organisation) compatible solution.”
Wang also spoke to business representatives from the EV sector in Brussels on Wednesday, before saying in a statement that China “[will] certainly persevere until the final moments of the consultations.”
According to a statement from China’s Ministry of Commerce, the two sides held “comprehensive, in-depth and constructive consultations on the EU’s electric vehicle anti-subsidy case against China.”
The statement added that the two sides “expressed their political will to resolve their differences through consultations, agreed to continue to push forward the negotiations on the price commitment agreement.”
Read more HERE
#world news#news#world politics#europe#european news#european union#eu politics#eu news#china#china news#chinese politics#chinese economy#chinese ev#ev#electric vehicles#electric vehicle charging#electric vehicle market#electric vehicle technology#electric cars#ev market
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Nigeria’s Ngozi Okonjo-Iweala has emerged as the sole candidate for a second term as Director-General of the World Trade Organisation (WTO). This development solidifies her standing as a leading figure in global trade, following her historic appointment in February 2021 as the first woman and African to head the organization. Okonjo-Iweala Confirmed for Second Term The WTO announced that Okonjo-Iweala had agreed to serve a second four-year term. The nomination period for the Director-General position closed on 8 November, with no additional candidates put forward. "Nominations for Director-General closed; Ngozi Okonjo-Iweala confirmed as sole candidate," the WTO stated in an official release. Ambassador Petter Ølberg of Norway, Chair of the General Council, informed WTO members that Okonjo-Iweala is the only candidate for the role, reaffirming her commitment in a letter dated 16 September. The appointment process for the next WTO Director-General began on 8 October, with member nations given until 8 November to submit nominations. Next Steps in the WTO Appointment Process The WTO noted that the General Council Chair would outline the subsequent stages of the process soon. "The process was led by the General Council Chair in accordance with the WTO’s Procedures for the Appointment of Directors-General," the organization explained. Okonjo-Iweala’s current term is set to end on 31 August 2025, and her potential second term would extend her leadership at a crucial time for global trade. Okonjo-Iweala’s Achievements as WTO Director-General Dr. Ngozi Okonjo-Iweala became the WTO Director-General on 15 February 2021, making history as the first African and first woman to hold the position. Her tenure has been marked by efforts to revive key trade discussions, including progress on fishery subsidies and revitalizing the WTO’s Appellate Body, which had been stalled for years. As Nigeria’s former finance minister (2003-2006 and 2011-2015) and briefly its first female foreign minister in 2006, Okonjo-Iweala has earned a reputation as a trailblazer. Despite initial skepticism about her lack of direct experience as a trade minister, she has demonstrated strong leadership and deep expertise in international economic policy. The Road Ahead for Okonjo-Iweala Okonjo-Iweala’s confirmation as the sole candidate for a second term signals strong support from the WTO member states. Her renewed leadership is expected to focus on tackling ongoing challenges in global trade, addressing protectionism, and ensuring the organization remains a relevant player in the evolving economic landscape. This news positions her as a key figure in shaping global trade policies, and her second term would provide continuity for the reforms she has championed since taking office in 2021. Ngozi Okonjo-Iweala’s journey from Nigeria’s finance minister to the helm of the World Trade Organisation is a testament to her expertise and determination. As the WTO Director-General sole candidate for a second term, she stands poised to continue her impactful work, navigating the complex global trade environment with her trademark tenacity and vision.
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Comoros becomes 165th member of WTO
New Post has been published on Sa7ab News
Comoros becomes 165th member of WTO
After 17 years of negotiating, the Comoros has become the 165th member of the World Trade Organisation.
... read more !
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The Truth About the US Inflation Reduction Act
The Truth About the US Inflation Reduction Act
Originally published in Socialism Today, magazine of the Socialist Party (CWI England & Wales). This year is the thirtieth birthday of the World Trade Organisation (WTO). It is also the year China opened a WTO […] Special financial appeal to all readers of socialistworld.net Support building alternative socialist media Socialistworld.net provides a unique analysis and perspective of world events. Socialistworld.net also plays a crucial role in building the struggle for socialism across all continents. Capitalism has failed! Assist us to build the fight-back and prepare for the stormy period of class struggles ahead. Please make a donation to help us reach more readers and to widen our socialist campaigning work across the world. Donate via Paypal
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WTO Chief Okonjo-Iweala Sees ‘Troubling Times’ For Trade
WTO Chief Okonjo-Iweala Sees ‘Troubling Times’ For Trade The head of the World Trade Organisation on Tuesday said global commerce was going through troubling times, with protectionism on the rise. WTO chief Ngozi Okonjo-Iweala said the future of trade lay in services, digitalisation and the green economy, in the global trade body’s annual report. “These are troubling times for global trade.…
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