Director-General Roberto Azevêdo welcomed President Rumen Radev of Bulgaria to the WTO on 24 June. The two discussed current trade tensions and the importance of the WTO in promoting stability and predictability in international trade.
Director-General Roberto Azevêdo, in opening the seventh annual WTO/World Bank/IMF Trade Conference at the WTO headquarters on 24 June, said research is vital to make the case for the multilateral trading system as governments reassess policies and opportunities to renew cooperation arise.
The WTO’s 21st Monitoring Report on G20 trade measures issued on 24 June shows that the trade coverage of new import-restrictive measures introduced during the period (October 2018 to May 2019) was more than 3.5 times the average since May 2012 when the report started including trade coverage figures.
The aluminium industry is at a crossroad, facing considerable challenges but also tremendous business and societal opportunities. Its goal is to strive for a truly sustainable economy, supporting the Paris Agreement and delivering on the UN Sustainable Development Goals. This requires a deep transformation and renewal of its existing industrial base and assets.
Director-General Roberto Azevêdo participated in the G20 Ministerial Meeting on Trade and Digital Economy on 8-9 June in Tsukuba, Japan, which resulted in a commitment by ministers to “work constructively with other WTO Members to undertake necessary WTO reform with a sense of urgency, including in the lead-up to the Twelfth WTO Ministerial Conference”.
The WTO’s Annual Report, published today (4 June), provides a comprehensive account of the organization’s activities in 2018 and early 2019. The Report opens with a message from Director-General Roberto Azevêdo and a brief overview of the year. This is followed by in-depth accounts of the WTO’s main areas of activity over the past 12 months.
What is the EU’s trade policy? Why is it important in a globalised economy and how does it work? Find out more about one of the EU’s most intricate policies. Why is EU trade policy important in a globalised economy?