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At G20 meet, trade ministers agree on 3 key deliverables

Trade ministers of G20 countries have agreed on three key actions to boost global trade and investments: mapping global value chains to make them disruption-proof, integrating micro, small, and medium enterprises (MSMEs) with global trade, and digitising trade documents for cost efficiency and time savings. However, the two-day meeting concluded without a joint statement due to differences over references to the Russia-Ukraine conflict. The recommendations from the meeting will be forwarded to t...
New Delhi United Kingdom South Korea Saudi Arabia South Africa Republic Of Korea

PH commits to ratify fisheries subsidies deal

Trade and Industry Secretary Alfredo E. Pascual said the Philippines is in the process of ratifying the Agreement on Fisheries Subsidies emphasizing that one of the priorities of the Marcos administration is to advance agriculture negotiations. Pascual made this commitment on the last day of the W
Switzerland General United Arab Emirates Abu Dhabi Alfredoe Pascual Statement Initiative World Economic Forum
Source: mb.com.ph

Singapore among countries aim to firm up WTO agreement on e-commerce rules by year end

Countries involved in an effort to develop international rules to promote and facilitate e-commerce met on the sidelines of the World Economic Forum on Friday (Jan 20), where they agreed to target finishing negotiations substantially on the agreement by the end of 2023.
Josephine Teo Tim Ayres World Economic Forum On Friday Jan Statement Initiative World Trade Organisation World Economic Forum

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Philippines joins WTO discussion on services domestic regulation

The Philippines has joined the joint initiative on services domestic regulation by the World Trade Organization (WTO). In a news statement, WTO said that the Philippines is the 66th member to participate in the said negotiation. The initiative now covers over 90 percent of the world services trade. โ€œImplementing the…
Ramon Lopez Efficient Government Service Delivery World Trade Organization Statement Initiative Doing Business Efficient Government Service Delivery Act

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