Merchandise trade posts strong growth in Q1 ahead of tariff hikes : WTO
GENEVA : The new tariffs announced by the United States on 2 April at the start of the second quarter were widely anticipated, allowing importers to move purchases forward to avoid paying higher duties
WCO reports on Smart Security Devices finds significant benefits for trade operators and enforcement…
BRUSSELS : The World Customs Organization (WCO) has published a major report into the rising impact of Smart Security Devices (SSDs) on logistics and Customs procedures. The Report explores the growing role of connected
WTO: Temporary tariff pause mitigates trade contraction, but strong downside risks persist
GENEVA : The volume of world merchandise trade is expected to decline by 0.2% in 2025 under current conditions, nearly three percentage points lower than what would have been expected under a “low tariff”
China shipowners group says US port fee proposal breaks WTO rules, US law
BEIJING : The China Shipowners’ Association (CSA) opposes a U.S. proposal to slap hefty port entry fees on ocean cargo carriers that own or have ordered vessels from China, saying it violates international rules
Goods barometer shows moderate trade growth as policy uncertainty looms : WTO
GENEVA : Global goods trade continued to expand at a moderate pace in the fourth quarter of 2024 according to the latest WTO Goods Trade Barometer. However, prospects for trade in 2025 are uncertain
AD Ports Group and the International Trade Centre (ITC) sign a Strategic MOU for Cooperation to enha…
GENEVA/ABU DHABI : AD Ports Group, one of the world’s leading facilitators of global trade, logistics, and industry, and the International Trade Centre (ITC), the joint agency of the United Nations and the World
Brazil, EU urge India for timely notifications on sugar subsidies at WTO
NEW DELHI : A group of WTO member countries, including Brazil, Canada and the European Union, have urged India to submit timely notifications on sugar subsidies in the World Trade Organisation, an official said.
China remains top merchandise exporter in 2023 for 7th straight year
BEIJING : China remained the top merchandise exporter in 2023 for the seventh straight year with its share in world exports at 14.2 percent, almost the same as the level in 2022, the China’s