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WTO director-general Ngozi Okonjo-Iweala is congratulated by India’s commerce minister Piyush Goyal after the June 17, 2022 closing session of a WTO ministerial conference in Geneva. (Photo: Fabrice Coffrini/Pool via Reuters)
General, Markets, Reuters

WTO strikes global trade deals deep into overtime

Deals reached on food security, health and fishing; formerly defiant India joins consensus

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Reading Time: 3 minutes Geneva | Reuters — The World Trade Organization’s 164 members approved a series of trade agreements early on Friday that included commitments on fish and pledges on health and food security after more than five gruelling days of negotiations. The deals were ground out over five days of bargaining at a conference of more than […] Read more
(Xinzheng/Getty Images)
Canola, Crops, Markets

China lifts block on Canadian grain firms’ canola exports

Canola from Richardson, Viterra again allowed, officials report

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Reading Time: 2 minutes Officials say China has reinstated market access for two major grain firms whose exports of Canadian canola have been blocked from Chinese ports since 2019. Canada’s Trade Minister Mary Ng and Agriculture Minister Marie-Claude Bibeau, in a joint statement Wednesday, confirmed the decision by Chinese customs officials allowing Richardson International and Viterra to resume canola […] Read more
(RyanJLane/E+/Getty Images)
Beef Cattle, Livestock, Markets

U.S. congressmen seek revival of mandatory COOL on beef

Bipartisan bill calls for WTO-compliant take on label law

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Reading Time: 3 minutes A bill that would order U.S. officials to come up with a way to bring back mandatory country-of-origin labeling (COOL) on beef has been introduced in the U.S. House of Representatives. Rep. Lance Gooden, a Republican from Texas, and Rep. Ro Khanna, a Democrat from California, on Wednesday introduced H.R. 7291, proposing to restore the […] Read more
Photo: WTO
Reuters

China calls for overhaul of farm subsidy rules under WTO

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Reading Time: 2 minutes Beijing | Reuters – China on Thursday called for the removal of “enormous” farm subsidies in some developed countries as part of Beijing’s push for reform of the World Trade Organization. “There are very unfair rules in the agriculture sector, and enormous subsidies some developed country members are entitled to, that severely distort international agricultural trade,” Wang […] Read more
The World Trade Organization (WTO) headquarters in Geneva, Switzerland on Oct. 28, 2020. (Photo: Reuters/Denis Balibouse)
Crops, Reuters

Ban on food aid restrictions blocked at WTO

WTO says outcome 'disappointing' in difficult year

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Reading Time: 2 minutes Geneva | Reuters — World Trade Organization members were at odds on Friday over a proposal that would ban countries from restricting food aid deliveries, potentially complicating the response to a feared COVID-fuelled humanitarian catastrophe next year. The proposal was one of two related to the pandemic that failed to make headway at a three-day […] Read more
(File photo)
Barley, Crops, Reuters

Australia to appeal at WTO over China’s barley tariffs

China in May imposed tariffs totalling 80.5 per cent

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Reading Time: 2 minutes Sydney | Reuters — Australia will launch a formal appeal to the World Trade Organization (WTO) later on Wednesday seeking a review of China’s decision to impose hefty tariffs on imports of Australian barley, Minister for Trade Simon Birmingham said. Acknowledging the appeal may take years to be resolved, Birmingham told reporters Australia would also […] Read more
(WTO.org)
General, Markets, Reuters

WTO tussles over hard stop or phase-out of appeals system

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Reading Time: 2 minutes Geneva | Reuters — The World Trade Organization (WTO) battled on Tuesday over whether to bring its Appellate Body to an abrupt halt or allow its adjudicators to settle a handful of pending cases, according to trade officials present at a meeting on the subject. The Trump administration has for more than two years been […] Read more
(Gassen/iStock/Getty Images)
Crops, Markets, Reuters

U.S. agriculture official calls trade tensions with China ‘new normal’

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Reading Time: 2 minutes Buenos Aires | Reuters — The United States and China are still in the early stages of their trade war and tensions that arise from it should be considered the “new normal,” a U.S. Department of Agriculture official said on Wednesday. Washington has tried to hold China accountable for its trade practices and not sought […] Read more

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