The World Trade Organization (WTO) on Monday released an assessment of export restrictions on food, feed and fertilizer. Since the outbreak of the war at the end of February 2022, the WTO Secretariat has identified 72 trade restrictive measures introduced by 26 WTO members and five observers on
Group of 20 (G20) import restrictions hit a record high cumulatively, the World Trade Organization (WTO) reported. The backlog of G20 import restrictions in force has grown steadily since 2009, both in value terms and as a percentage of world imports. Notably, there was a significant increase in
Mexico, the Netherlands and Peru are at the top of the global ranking of the world’s leading avocado exporters in 2021, measured by value. Topping them all is Mexico, with international sales of the fruit valued at $2.976 billion, up 12% year over year. Avocado is a relatively
South Korea‘s automotive industry remains concentrated, so that the three main manufacturers (Hyundai, Kia and GM Korea) together account for 92.3% of total production, according to information from the World Trade Organization (WTO). There are no restrictions on the participation of foreign capital in the automotive sector. Currently,
The International Monetary Fund (IMF) forecasts that cumulative global production losses caused by the pandemic could amount to nearly $13.8 billion by 2024. It cannot be denied that developing countries are disproportionately affected by the pandemic. The Covid-19 pandemic has not only exacerbated the food and livelihood security
The United States challenged sanitary and phytosanitary measures adopted by China in connection with the Covid-19 pandemic before the World Trade Organization (WTO). These measures, according to the United States, affect trade in food and agricultural products. The WTO received the U.S. submission on June 24, 2022, and