Oil prices will have downward pressure, according to forecasts by the SHCP. In the General Economic Policy Pre-Criteria, the SHCP indicated that as of March 26, the price of the Mexican blend was 59.4 dollars per barrel (dpb), which represented an increase of 67.2% compared to that registered
The United States Trade Representation (USTR) highlighted that China’s state-owned companies compete unfairly against foreign companies in that Asian country. While many provisions of China’s WTO accession agreement indirectly discipline the activities of state-owned and state-invested enterprises, China also agreed to some specific disciplines. In particular, it agreed
The WTO issued six recommendations to tackle the Covid-19 pandemic based on previous experiences and related policy interventions. Overall, these are various policy measures aimed at overcoming the immediate effects of the pandemic and building back better. The WTO and its recommendations: Promote and update surveillance systems and
International trade and global value chains for food and agricultural products demonstrated resilience to the shock caused by Covid-19, especially in the case of staple foods, according to a report by the World Trade Organization (WTO). Despite little change in global agricultural trade in the first half of
Food prices have shown an upward trend since May 2020, according to the World Trade Organization (WTO). The FAO Food Price Index decreased between January and May 2020, possibly for reasons related to the onset of the pandemic. However, since May 2020 it has followed an upward trajectory.
The World Trade Organization (WTO) reported on Wednesday that the impact of Covid-19 differed between regions. Overall, most regions recorded large declines in both exports and imports. Asia was the only exception, with an increase in export volumes of 0.3% and a modest decrease in import volumes of