Tag Archives: WTO

With just a few days until the end of the transition period, and with British freight hauliers temporarily banned from travelling to France, we still don’t know if a free trade deal will be struck between the UK and EU. …

Prime Minister claims that the government has created financial discipline for the first time in the history of the country whereas current account is in surplus for the first time in last 17 years. International media is praising Pakistan on …

The economists revealed that worldwide economy is highly integrated by tourism, trade and remittances. According to World Trade Organisation (WTO), world merchandise trade because of COVID-19 is predicted to fall by 13 to 32 percent in 2020. During 2020 trade …

Public support for free trade is shrinking and the long-standing political consensus that trade liberalization is beneficial is under attack. The US in particular has recently shifted towards protectionism by imposing tariffs and continuously threatening its largest trading partners, in particular the …

“Peace is the natural effect of trade. Two nations who traffic with each other become reciprocally dependent … their union is founded on their mutual necessities.” Montesquieu’s idealised vision of trade, put forward here in his 1748 treatise, The Spirit …

The World Trade Organization (WTO) revealed that the world trade will continue to face strong headwinds in the year 2019 and 2020 after growing more slowly than predicted during last year because of rising trade tensions and increased economic unrest. …

As of 2019, the United States remains the dominant superpower of the world. It controls the most formidable army and enjoys influence across all continents in matters of governance, economics and diplomacy. But according to leading political experts, the American …

Sustainable Development Goal 14.6 is the UN’s clarion call for harmful fisheries subsidies to be prohibited by 2020, a task of global importance assigned to the World Trade Organization (WTO). Specifically, SDG14.6 says: “‘[B]y 2020, prohibit certain forms of fisheries subsidies …

When it comes to the headlines on global trade, the talk is all about geopolitics and tariff, but away from all that noise, technology is driving a seismic shift in what, where and how the world trades. Disruption is nothing …

Pakistan is a fast-growing developing country and a member of the WTO, Organization of the Islamic Conference, Group of 77, Non-Aligned Movement, Shanghai Cooperation Organization and Commonwealth. Pakistan’s economy is an emerging market in Asia. Agriculture is the pillar industry …

Numerous amendments are being negotiated in the UK parliament in an attempt to break the Brexit stalemate. There does not seem to be a clear majority for any specific way forward with Brexit and the parliamentary arithmetic has so far …

If Britain leaves the European Union with no deal in place to govern trade with its biggest partner, it will fall back on World Trade Organisation rules. The same set of rules would apply to EU countries and non-EU trade …