Trade monitoring
“Made in the World”
In 2012, the WTO and the Organisation for Economic Co-operation and Development (OECD) developed a database on bilateral trade flows measured in value-added terms rather than the traditional customs value. The "Made in the World" Initiative and its implications for trade and development policies was also the subject of several international seminars. At its Puerto Vallarta meeting in March 2012, the G20 highlighted the importance of understanding the role of global value chains in international trade and their implications for the world economy.
Acknowledgements
Acknowledgements are due to the International Monetary Fund, the International Trade Centre, the Organisation for Economic Cooperation and Development, the Statistical Office of the European Communities, United Nations Conference on Trade and Development, the United Nations Statistics Division, the World Bank and the World Intellectual Property Organization. The assistance of all these organizations in supplying statistics as well as other information has greatly facilitated the work of the WTO Secretariat.
Trade in goods
The WTO’s Council for Trade in Goods is increasingly becoming a forum for airing trade concerns and at the Council’s four meetings in 2013, members raised a range of such concerns, some of which are the subject of consultations under the WTO’s Dispute Settlement Understanding. The Council also approved a number of waiver requests, individual and collective, such as the extension of the waiver for the application of autonomous preferential treatment for Moldova and the on-going harmonization of tariff schedules.