Commerce John Denton News Today

Azerbaijani Minister, Secretary General of International Chamber of Commerce mull preparation process for COP29

Ngozi Okonjo-Iweala, the leader of the World Trade Organization (WTO), began the year with a plan to score quick negotiating victories that she said would help reboot the dysfunctional Geneva-based trade body. Now, seven months into her 4 1/2-year term, Okonjo-Iweala has fully grasped the frustrating reality of the WTO’s historical inertia, even privately floating the idea of resigning if no headway can be found on critical issues, according to five trade officials in Geneva who declined t...

Secretary General of the International Chamber of Commerce John Denton says the "biggest political issue" in Europe at the moment is vaccines and their distribution. It comes as the federal government has brushed off concerns Australia’s vaccine distribution schedule will be delayed by new export controls enforced by the European Union (EU). The EU recently gave itself the power to ration vaccine exports developed within its borders which means all drugs must be given approval befo...