Keywords: World trade organization
The World Trade Organization (WTO) has warned that escalating trade and geopolitical tensions among major economic powers could fragment the global economy into competing blocs, potentially carrying significant costs for global output and international trade. In its latest annual report, the WTO said......
China has confirmed that it is currently engaged in negotiations with the European Union regarding new restrictions imposed on duty-free steel imports. According to a spokesperson from China’s Ministry of Commerce, the discussions are taking place under the framework of the World Trade Organization......
Artificial intelligence (AI) could increase the value of global goods and services trade by nearly 40% by 2040, driven by productivity gains and cost reductions, according to a new report from the World Trade Organization (WTO). "This new report comes amidst the worst disruptions the global trading......
In a significant escalation of the global trade conflict, the United States has imposed severe tariffs on goods from multiple countries, including China. These measures, spearheaded by President Donald Trump, are seen as a direct challenge to the global trading system, and their impact is reverberating......
Amidst escalating trade tensions, U.S. President Donald Trump imposed new tariffs on China, Canada, and Mexico. Canada and Mexico swiftly retaliated, enacting their own tariffs on U.S. products. However, China's reaction stood out as relatively restrained. China's Ministry of Commerce refrained......
The World Trade Organization (WTO) General Council has unanimously reappointed Ngozi Okonjo-Iweala as Director-General for a second four-year term, beginning September 1, 2025. This decision, announced by the WTO in Geneva, reflects broad recognition of her exceptional leadership and strategic vision......
Morocco has emerged as a standout in the global service export arena, climbing to the 29th position in 2023. With service exports reaching an impressive $25 billion, a 16% increase from the previous year, this North African nation leads the continent's growth in this sector, according to the World......
In today's increasingly globalized trade landscape, Morocco's Ministry of Industry and Commerce is strengthening its control over industrial product imports and actively invoking commercial defense mechanisms at the growing behest of economic operators. This approach aligns with the rules of......
Six Nations Advocate for Plastic Restrictions at Trade Summit A coalition of six nations has called upon their trade partners this week to take concrete steps toward curbing plastic pollution. Led by Morocco, Australia, Barbados, China, Ecuador, and Fiji, this initiative was unveiled at the 13th Ministerial......
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