The World Trade Organization (WTO) became the first major diplomatic casualty of the new coronavirus variant when it postponed its first ministerial meeting in four years due to the deteriorating health situation.
Group of 20 major economies should work to provide trillions of dollars in trade financing for developing countries to ensure the recovery of the global economy from the COVID-19 pandemic, a top official with the World Trade Organization said on Saturday.
Nigeria will lobby for its candidate to head the World Trade Organization (WTO), the country’s Foreign Ministry said in reaction to her last-minute rejection by Washington that threw the regulator’s leadership selection process into confusion.
The EU has been given permission to levy tariffs on US products worth $4 billion in retaliation for subsidies given to Boeing, in the latest salvo in a bitter 16-year battle between the US plane maker and its European arch rival, Airbus.
With three of the eight candidates to become the next leader of the World Trade Organization (WTO) coming from Africa, BBC Africa business editor Zawadi Mudibo looks at what difference having one of them at the helm would make for the continent.
South Korean Trade Minister Yoo Myung-hee on Wednesday announced her bid for the top job of the World Trade Organization (WTO), saying she would make her utmost efforts to reshape the final arbiter in trade disputes if she is elected.
The European Union (EU) has warned that if a trade agreement recently signed by the United States and China creates “distortions” in the market, it will challenge the deal at the World Trade Organization (WTO).
The European Union will challenge the China-US trade agreement at the World Trade Organization if it creates ‘distortions’ in the market that harm EU companies, the bloc's envoy to Beijing said Friday.
A World Trade Organization panel ruled that the European Union has not complied with an order to end illegal subsidies for plane maker Airbus, which prompted the Trump administration to impose tariffs on nearly $7.5 billion US worth of EU goods in October.
India may retaliate against the US on the basis of issues that have been decided in India’s favor by the World Trade Organization compliance panel in the dispute over countervailing duties on steel imports. This can happen in case Washington does not appeal the ruling, which it can do over the next 60 days.