World Trade Organization (WTO)

Global Economy

WTO chief’s bid for second term sets up clash with Trump

The WTO’s mission of fostering lower trade barriers is at odds with Trump’s threats of universal tariffs and its lurch toward protectionism.

New appointments

WTO members push to expedite an Okonjo-Iweala second term bid

A return of former US President Donald Trump could jeopardise Okonjo-Iweala’s chances.

Environmental, Social and Governance

Trade must move up global climate change agenda: WTO chief

“Free, open and predictable trade is an essential part of the tool kit for getting to net zero.”
Asia could be facing a sharp rise in protectionism - THE EDGE SINGAPORE

Global Economy

Asia could be facing a sharp rise in protectionism

Global trade will face more headwinds in coming years: Bhaskaran.
America should rewrite the China trade contract - THE EDGE SINGAPORE

US-China trade war

America should rewrite the China trade contract

Biden should have no illusions: China is too important to ignore, but the challenge it presents defies easy solutions.

Global Economy

Novel shifts seen in global supply chains; Phase One deal might be renegotiated

Global trade is likely to contact by a third this year due to Covid-19 related measures : World Trade Organization (WTO).

Disruption and Digitalisation

Singapore leads digital trade efforts to remain relevant amid global economic uncertainties

SINGAPORE (Oct 24): Singapore is looking to lead digital trade efforts at the World Trade Organization through a Joint Statement Initiative (JSI) on e-commerce, says S Iswaran, Minister in-charge of Trade Relations.

Geopolitics

Singapore says US understands its position on WTO privileges

SINGAPORE (Aug 5): Singapore says it has an understanding with the US that the city state does not take advantage of privileges that come with “developing country” status in the World Trade Organization (WTO).

US-China trade war

WTO, IMF, World Bank seek ‘urgent' international trade reforms

(Oct 1): The World Trade Organization, International Monetary Fund and World Bank issued an emergency call to reform the multilateral trading system as the US retreats from prior agreements.
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