World Trade Organization members, during an April 11 Committee on Trade and Development meeting, reviewed developments in regional trade agreements and ways to increase developing nations' role in the global trading system, the WTO announced. The committee noted that developing nations face challenges to participating in international trade, including "dependence on commodity exports and higher trade costs." The members addressed policy spaces for developing nations to boost industrial development, including under the WTO's framework of the Agreements on Subsidies and Countervailing Measures, Trade-Related Investment Measures and Trade-Related Aspects of Intellectual Property Rights.
The World Trade Organization on April 11 released a new "Global Services Trade Data Hub," allowing access to WTO data on services trade, the WTO announced. The hub includes four datasets, "covering digitally delivered services, trade in services by mode of supply, trade in commercial services, and the WTO-OECD Balanced Trade in Services dataset."
The World Trade Organization's Committee on Regional Trade Agreements met April 8 to consider six regional trade agreements and discuss how to enhance the committee's functionality, the WTO announced. The committee chair, New Zealand's Clare Kelly, said that members agreed to include an "executive summary in the factual presentations, to be drafted and circulated under the responsibility of the Secretariat."
Turkey opened a safeguard investigation on ethyl acetate, the nation told the World Trade Organization's Committee on Safeguards, the WTO announced. Turkey opened the investigation April 6 and said interested parties must file a questionnaire response within 30 days from the start of the investigation.
Australia and China recently notified the World Trade Organization that they are ending their dispute involving Chinese antidumping and countervailing duties on wine from Australia (see 2310230060. The WTO circulated the notification to WTO members April 3, the trade body announced.
The World Trade Organization's Committee on Market Access laid out a "timetable" for its thematic sessions in 2024 at a March 25-26 meeting, the WTO announced. The sessions will center on "supply chain resilience" and boosting a greener Harmonized System in collaboration with the World Customs Organization.
World Trade Organization members at the March 20-22 meeting of the Sanitary and Phytosanitary Measures Committee reviewed the agreement on the application of SPS measures and "addressed a high number of trade concerns," the WTO said.
A World Trade Organization dispute panel found that certain elements of Australian antidumping and countervailing duty proceedings on wind towers, deep drawn stainless steel sinks and railway wheels from China violate WTO commitments. Issuing its findings March 26, the panel recommended that Australia bring its measures into conformity with the General Agreement on Tariffs and Trade 1994.
The World Trade Organization General Council on March 22 reached consensus on chairpersons for 2024. The new chairs include Norway's Petter Olberg for the General Council, Saudi Arabia's Saqer Abdullah Almoqbel for the dispute settlement body and Chile's Sofia Boza Martinez for the Council for Trade-Related Aspects of Intellectual Property Rights, among others. The WTO noted that talks on a candidate for the chair of the Committee on Trade in Services will continue under Olberg's care, "with the aim of filling the vacancy as rapidly as possible."
Negotiations on Costa Rica's accession to the 2012 Government Procurement Agreement ramped up during a March 20 meeting, the World Trade Organization announced. The meeting was the first since Costa Rica sent out its initial market access offer last month. The WTO also noted a March 21 workshop on the role of digital technologies in boosting trade and competition in government procurement, which featured a discussion from policymakers and practitioners. In addition to a focus on using digital tools to automate tasks, "using predictive analytics and enhancing fraud detection, the workshop highlighted potential risks, such as the violation of privacy and skills gaps."