Trade monitoring
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Selected trade developments and issues
In December 1996, at the first WTO Ministerial Conference held in Singapore, 23 economies signed the Information Technology Agreement (ITA). The objective of the ITA was to “encourage the continued technological development of the information technology industry on a world-wide basis” and to “achieve maximum freedom of world trade in IT products” by eliminating all duties on trade in these products. Lower barriers to trade should help to spread “the positive contribution of IT to global economic growth and welfare”.1 The ITA went into force in 1997, when the trade value of the participants exceeded 90 per cent of world trade in the covered products – the benchmark stipulated in the Agreement. Ten years on, the information and communication industry is seen as a major engine of the globalisation process, transforming both the developed and developing economies. The rapid development of the internet (1 billion users in 2005) and the global spread of cellular mobile telephony (2.1 billion subscribers in 2005) are two prominent examples of the increased role of IT in today’s global economy. The spread of IT technologies has created many new business opportunities, transformed many services sectors and challenged many old patterns of production and distribution.
Fifth Global Review of Aid for Trade
The Fifth Global Review of Aid for Trade, held at the WTO in June/July, highlighted how high trade costs are hampering developing countries’ ability to benefit from market access opportunities. The Review attracted over 1,500 participants and saw the launch of a new OECD-WTO co-publication outlining the impact of the Aid for Trade initiative.
Concluding Remarks by the Chairperson of The Trade Policy Review Body, H.E. Mr. Bozkurt Aran (Turkey) at The Trade Policy Review of Papua New Guinea 16 & amp; 18 November 2010
This second Trade Policy Review of Papua New Guinea has helped us improve our understanding of PNG’s recent achievements, particularly as regards its trade and trade-related policies, and the challenges faced. Our discussion has clearly benefited from the active participation of the PNG delegation, led by Ambassador Peter Maginde, as well as from the contribution of our discussant, Mr. Atsuyuki OIKE, Minister and Deputy Permanent Representative of Japan, and Members’ interventions. PNG’s prompt response to the questions was very much appreciated.
Cómo se organiza todo eso
El órgano supremo para la adopción de decisiones de la OMC es la Conferencia Ministerial, que normalmente se reúne cada dos años.
Introduction
This publication has been prepared under the direction of Robert Koopman, Director of the Economic Research and Statistics Division, and the International Trade Statistics Section. The coordination of the report was undertaken by Christophe Degain and Florian Eberth. Statistical research, data compilation and the preparation of estimates were conducted by Barbara d’Andrea-Adrian, Shradha Bhatia, Lori Chang, Christophe Degain, Florian Eberth, Zineb Haj Nassar, Coleman Nee, Steen Wettstein, and Ying Yan.
Composition, définitions et méthodologie
Foreword by the WTO Director-General
When WTO members concluded their negotiations on the Trade Facilitation Agreement (TFA) in Bali in December 2013, they created the first multilateral agreement since the WTO was founded nearly two decades earlier. It demonstrated how global rule-making was functioning effectively to address impediments to today’s global commerce. As much as efforts to further liberalize trade policies, the streamlining, speeding up, and coordinating of trade processes are contributing to the expansion of world trade and helping developing and least-developed countries (LDCs) integrate into today’s global economy.
Premio OMC de Ensayo para Jóvenes Economistas
En abril de 2009 la OMC estableció el Premio OMC de Ensayo para Jóvenes Economistas, con carácter anual. Dotado con 5.000 FS, tiene por objeto promover la investigación económica de alto nivel sobre la OMC y las cuestiones relacionadas con la OMC y fortalecer los vínculos entre la OMC y la comunidad académica.
Standards and Trade Development Facility
Contributions to the STD F reached US$ 4.3 million in 2010, from US$ 300,000 of seed finance from the World Bank and the WTO in 2003. There are now 19 donors to the trust fund and, in addition to the core partners, other organizations participating in the STD F include the International Trade Centre (ITC), the United Nations Industrial Development Organization (UNIDO) and the United Nations Conference on Trade and Development (UNCTAD), as well as donors and developing countries.
Definitions and methodology
Two systems of recording merchandise exports and imports are in common use. They are referred to as general trade and special trade and differ mainly in the way warehoused and re-exported goods are treated. General trade figures are larger than the corresponding special trade figures because the latter exclude certain trade flows, such as goods shipped through bonded warehouses.
Órgano de Apelación
2016 fue un año de intensa actividad para el Órgano de Apelación: se apelaron 8 informes de Grupos Especiales y se distribuyeron 6 informes del Órgano de Apelación. Además, en 2016 se llevó a cabo un arbitraje relativo al plazo prudencial para la aplicación de las recomendaciones y resoluciones del Órgano de Solución de Diferencias (OSD). El OSD nombró a dos nuevos Miembros del Órgano de Apelación: la Sra. Hong Zhao (China) y el Sr. Hyun Chong Kim (Corea). Al final de 2016, el Órgano de Apelación había distribuido 144 informes.
Report by Montenegro
Government of Montenegro applied for membership of the WTO on 23 December 2004, in line with Article XII of the Marrakesh Agreement Establishing the WTO. The General Council established Working Party (WP) on accession of Montenegro on 15 February 2005. The WP adopted the Report on its work and made the recommendation on accession of Montenegro to the WTO on 5 December 2011 after eight meetings had been held, and finished the work under its mandate. Accession of Montenegro was approved by the Ministerial Conference during its eight meeting. The Protocol on accession was signed on 17 December 2011 in Geneva. Montenegro became a full-fledged WTO Member on 29 April 2012.
Foreword by the WTO Director-General
Trade is sometimes viewed as an economic activity that only favours larger companies. Certainly it is undeniable that trading internationally is often much more costly and difficult for micro, small and mediumsized enterprises (SMEs). The smaller the business, the bigger the barriers can seem.