Trade monitoring
About WTO
There are a number of ways of looking at the World Trade Organization. It is an organization for trade opening. It is a forum for governments to negotiate trade agreements. It is a place for them to settle trade disputes. It operates a system of trade rules. Essentially, the WTO is a place where member governments try to sort out the trade problems they face with each other.
WTO Essay Award for Young Economists
The 7th WTO Essay Award for Young Economists went to Christoph Boehm, Aaron Flaaen and Nitya Pandalai-Nayar for their joint paper on the role that global supply chains play in the cross-country transmission of shocks. The winners shared the prize of CHF 5,000. The prize winners were announced on 10 September 2015 at the annual meeting of the European Trade Study Group in Paris.
Definiciones y metodología
El registro de las exportaciones e importaciones de mercancías suele hacerse según dos criterios, el del comercio general y el del comercio especial, que difieren principalmente por la forma en que se consideran las mercancías almacenadas y reexportadas. Las cifras del comercio general son mayores que las cifras correspondientes del comercio especial porque estas últimas excluyen ciertas corrientes comerciales, como las de las mercancías que pasan por depósitos bajo control aduanero.
Welcoming new members
In 2013, the Ninth WTO Ministerial Conference approved the accession package of Yemen. Formal membership is now subject to the ratification of Yemen’s Accession Protocol by the Yemeni parliament and the subsequent notification and deposit of the Instrument of Acceptance of the Protocol with the Director-General of the WTO. The negotiated terms and conditions contain commitments covering all WTO rules.
Trade, debt and finance
In 2010 the Working Group on Trade, Debt and Finance continued to focus on shortages of trade finance resulting from the recent financial crisis. The Working Group improved members’ understanding of the causes and location of the shortfalls, discussed national plans aimed at boosting the availability of trade credit and guarantees, and acted as a forum for discussion of – and providing support to – WTO Secretariat initiatives. In particular, it provided a forum for interaction between WTO members and the Expert Group on Trade Finance convened by the Director-General.