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Latest News

WTO clinches first global trade deal in its history

WTO Director-General Azevedo gestures before a special meeting of the General Council Preparatory Committee on Trade Facilitation in GenevaBy Tom Miles GENEVA (Reuters) - The World Trade Organization adopted the first worldwide trade reform in its history on Thursday, after years of stalemate, months of deadlock and a final day's delay following an eleventh-hour objection. The agreement means the WTO will introduce new standards for customs checks and border procedures. Proponents say streamlining the flow of trade will add as much as $1 trillion and 21 million jobs to the world economy. ...


 



 

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