The record number of new trade concerns raised at the WTO’s Council for Trade in Goods (CTG) broke records in 2021. Indeed, WTO members raised a large number of trade concerns at the three formal meetings of the CTG, with November’s 37 being an all-time high. Also, a
The World Trade Organization (WTO) highlighted the US$150 billion annual benefits of a plurilateral agreement on trade in services among 67 economies. First and foremost, on December 2, 2021, the 67 WTO members participating in the Joint Initiative on Domestic Regulation of Services announced the successful conclusion of
The World Trade Organization (WTO) reached a multilateral agreement on fisheries subsidies this year and gave a range for their amount. This is the first WTO agreement that places environmental sustainability at its core. According to the WTO, fisheries subsidies -estimated to range from $14 billion to $54
Mexico City, one of the most populated cities in the world, with 22 million inhabitants, is making progress in its Smart City project, according to a report by the Economic Commission for Latin America and the Caribbean (ECLAC). As for the Public Network, the city government offers free
The elimination of tariffs in the Regional Comprehensive Economic Partnership (RCEP) was hailed as an important liberalization in a report released by the Asia Pacific Economic Cooperation (APEC) forum. RCEP brings greater access to a large and regionally important market. In fact, it increases the number of duty-free
Russia ranks third in world nickel production, a circumstance that has boosted nickel prices after the invasion of Ukraine. Refined nickel metal is the main form of nickel used in electric vehicle batteries. It is a key component in the cathodes of many of the most common lithium-ion