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The Latest Breaking News from WTO

Patent waiver is no silver bullet, even during COVID-19

Unequal access to the COVID-19 vaccine fuelled calls for a patent waiver, but any major change needs to ensure a better outcome for developing economies.

360info

You say potato, I say property rights

A battle between PepsiCo and Indian farmers highlights the gap between international trade law and countries seeking to protect their farmers' seed rights.

360info

IP hinders access to affordable drugs for all

Changes to a global agreement allowing compulsory licensing of COVID-19 vaccines do nothing to improve access in developing economies. Cost is still a barrier.

360info

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Australian trade minister offers ‘compromise’ with China over anti-dumping tariffs

Australia is proceeding with trade disputes in WTO but Don Farrell says other options may emerge in talks between two countries

The Guardian - AU

US, China talk trade, supply chains as Biden weighs tariff cuts

United States Treasury Secretary Janet Yellen raises concerns about China’s ‘unfair, non-market’ economic policies.

Al Jazeera

Geneva accord shows WTO has renewed clout

As a beautiful dawn crept over Lake Geneva on June 17, a remarkable thing happened at the World Trade Organization's headquarters. After nearly six days of negotiations at the WTO's 12th Ministerial Conference -- culminating in a marathon 48 hours of non-stop talks -- ministers and senior officials from the…

Bangkok Post

Steel tariffs plan one of Boris Johnson’s ‘worst decisions’, says ex-trade minister Liam Fox

PM has put economy ‘at risk’ of tit-for-tat measures, says Brexiteer MP

The Independent UK

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12 U.S. Congressmen urge Biden to hold India accountable in WTO for 'trade-distorting practices'

Current WTO rules allowed governments to subsidise up to 10% of the value of commodity production. However, India continues to subsidise more than half of the value of production, the U. S. lawmakers said

The Hindu

UK extends steel tariffs, breaching WTO obligations

London (AFP) - Britain has extended steel tariffs for another two years to protect its ailing industry, the government said Wednesday, breaching World Trade Organization obligations.

AFP

UK to break global rules to protect steel industry

The secretary of state confirmed Britain would ‘depart’ from international law in order to support domestic metal-makers

The Independent UK

Head of civil service declines to say whether he spoke to PM about job for wife

The committee also heard that a decision on the recruitment process for the replacement for Lord Geidt has not yet been made.

The Independent UK

No decision yet on recruitment process for new No 10 ethics adviser

Simon Case was appearing before a committee alongside Darren Tierney, director general of propriety and ethics at the Cabinet Office.

The Independent UK

Steel tariffs to be extended despite WTO rules, Boris Johnson indicates

Prime minster says proposed measures to protect British industry are in line with other European countries

The Guardian - UK

PM suggests he's ready to break international law to 'protect British steel'

BORIS Johnson has suggested his government is prepared to break international law to impose new steel tariffs.

The National (Scotland)

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The Independent UK

PM implies he is prepared to breach international law to safeguard UK steel

Boris Johnson argued at the G7 summit in Germany it is reasonable for British steel to enjoy the ‘same protections’ as other European economies.

The Independent UK

UK plan to impose ‘unlawful’ steel tariffs sparks fresh clash with EU

Boris Johnson warned against ‘protectionism’ and violation of WTO rules

The Independent UK

UK among worst offenders in G7 vaccine supply failures ‘which led to 600,000 preventable deaths’

With days left until Britain reaches the deadline to fulfil its 100 million dose pledge, only 39 per cent have actually been delivered

Crikey

Australia plays role in fisheries deal

Australia has worked with Pacific island nations to seal a historic deal on fisheries subsidies at the World Trade Organisation.

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The Conversation

World Trade Organization steps back from the brink of irrelevance – but it's not fixed yet

After decades of conflict that has neutered its work, the World Trade Organization looks to be back in business.

The Guardian - UK

First WTO deal on fishing subsidies hailed as historic despite ‘big holes’

Environment groups welcome long-awaited deal to curb harmful subsidies but say key measures to curb overfishing were dropped

The Hindu

India fully protected interests of farmers, fishermen at WTO meet: Goyal

The four-day talks of the 164-member body, which started on June 12, ended on June 17 after hectic negotiations.

Reuters

No monologues allowed and dancing to 'I Will Survive': how the WTO's 'Geneva Package' was won

Since Ngozi Okonjo-Iweala took over as head of the World Trade Organization last year, one of her main bugbears has been the negotiating style of member countries, which she says is ineffective, inflexible and needs to change.

AFP

WTO agrees to lift Covid vaccine patents, but is it 'too late'?

Geneva (AFP) - The World Trade Organization agreed Friday to temporarily lift patents on Covid-19 vaccines after two years of bruising negotiations, but experts expressed scepticism that the deal will have a major impact on global vaccination inequality.

The Independent UK

Campaigners denounce UK block on move to improve access to Covid vaccine in developing world

Compromise deal described as ‘technocratic fudge aimed at saving reputations not lives’

The Hindu

Plea for intellectual property rights waiver for COVID-19 jabs hits a wall

‘We are disappointed with the inadequate outcome on waiving intellectual property for COVID-19 medical tools that resulted from more than 20 months of deliberations,’ says Medicins Sans Frontieres.

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