Tag : World Trade Organization

Business

UAE enters global top 10 exporters in WTO rankings

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ABU DHABI: The United Arab Emirates entered the world’s top 10 merchandise exporters in 2025 for the first time, ranking ninth globally after its goods exports rose to $707 billion, according to the latest World Trade...
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WTO digital tariff deadlock clouds reform push

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YAOUNDE: The World Trade Organization’s 14th ministerial conference ended early Monday without agreement on extending the long-running moratorium on customs duties for electronic transmissions, a lapse that sharpened questions about the body’s ability to update trade rules and...
EU considers countermeasures if US imposes new trade tariffs
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EU considers countermeasures if US imposes new trade tariffs

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The European Commission has requested further clarification regarding U.S. President Donald Trump's recent announcement of imminent tariffs on steel and aluminum exports from European Union countries. The Commission stated that it would not issue an...
US-EU trade tensions rise as Trump hints at fresh tariffs soon
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US-EU trade tensions rise as Trump hints at fresh tariffs soon

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U.S. President Donald Trump has signaled impending trade tariffs on the European Union and the United Kingdom while hinting that a trade deal with Britain remains a possibility. His remarks, made during an interview with...
China retaliates with tariffs after Trump's new trade measures take effect
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China retaliates with tariffs after Trump’s new trade measures take effect

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China has announced retaliatory economic measures against the United States following the implementation of 10% tariffs on Chinese imports by the administration of U.S. President Donald Trump. The new Chinese tariffs, set to take effect...
WTO anticipates 2.7% rise in global merchandise trade for 2024
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WTO anticipates 2.7% rise in global merchandise trade for 2024

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MENA Newswire News Desk: Global merchandise trade showed signs of recovery in the first half of 2024 with a year-on-year increase of 2.3%, according to the latest Global Trade Outlook report. The report anticipates moderate growth...
India promotes responsible trade during WTO meeting with African nations
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India promotes responsible trade during WTO meeting with African nations

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MENA Newswire News Desk: In a bid to strengthen trade ties between Asia and Africa, the Indian Chair of the World Trade Organization Chairs Programme (WTO-WCP) hosted a high-level meeting on October 3, 2024, focusing...
Economic downturn hits China's global standing
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Economic downturn hits China’s global standing

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Despite meeting its 2023 growth target with a 5.2% increase in real GDP, China has encountered a notable economic setback. For the first time in nearly three decades, its nominal GDP in dollar terms declined,...
Successful UAE-India partnership stands as a model of bilateral cooperation
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Successful UAE-India partnership stands as a model of bilateral cooperation

manamalive.com
New Delhi was a hub of activity on the 24th and 25th of May 2023 as it hosted the annual Confederation of Indian Industry (CII) conference. Prominent figures such as Sanjeev Bajaj, President of CII,...