ECOWAS President endorses Okonjo-Iweala for DG, WTO
The ECOWAS Authority of Heads of State and Government has endorsed Dr Ngozi Okonjo-Iweala for the position of Director-General of the World Trade Organisation (WTO) from 2021 to 2025.
UK, Nigeria pledge to sustain trade relations amid COVID-19
With Covid-19 continuing to affect supply chains, trade and global investment flows, the United Kingdom and Nigeria authorities have pledged commitment towards keeping the flow of bilateral trade
IMF, WTO warn against export controls on medical supplies, food
The growing use of export restrictions by governments can be "dangerously counterproductive" as the world deals with the coronavirus pandemic, the IMF and WTO warned Friday.
WTO, WHO kick against disruptions in cross-border trade, supplies
Heads of the World Trade Organisation (WTO) and the World Health Organisation (WHO) have cited the importance of open trade in ensuring flow of vital medical supplies as well as essential goods and services.
UN, WHO, WTO alert to looming global food crisis amid COVID-19
The United Nations (UN), World Health Organisation (WHO) and World Trade Organisation (WTO) yesterday alerted of global food shortage if the coronavirus pandemic is not properly managed.
WTO suspends all meetings after staff member contracts virus
The World Trade Organization said Tuesday it would suspend all meetings until March 20 after one of its staff members contracted the new coronavirus.
‘Further weakening of trade likely in Q1 2020 as COVID-19 spreads’
World merchandise trade growth is likely to remain weak in early 2020, according to the latest WTO Goods Trade Barometer.Specifically, the real-time measure of trade trends now reads 95.5 — less than the 96.6 recorded last November and well below the index’s baseline value of 100.
‘Trade restrictions by WTO members at high levels’
The Trade Policy Review Body of the World Trade Organisation (WTO) has stated that trade restrictions by WTO members continue at historically high levels.
World trade to remain below trend as tensions take toll
World merchandise trade is expected to remain below trend into the fourth quarter of 2019, according to the WTO’s latest Goods Trade Barometer.
Arbitrary customs duties negate WTO rules, threaten auto industry
The recent closure of vehicle dealerships across Nigeria has unearthed disturbing information that the Nigeria Customs Service may have contrived its own import trade Duties outside the rules established by the World Trade Organisation (WTO) that are binding on the country.