Trade Talk 26 April 2019

25th anniversary of the WTO’s founding agreements

Twenty-five years ago, on 15 April 1994, representatives from more than 120 nations gathered in Marrakesh, Morocco to sign texts containing 60 agreements and decisions totalling 550 pages that led to the establishment of the World Trade Organization. The WTO’s creation on 1 January 1995 marked the biggest reform of international trade since the Second World War.

WTO

Next-generation technologies and the future of trade

The history of trade reflects the ongoing march of technological innovation. This article argues that globalisation is not in retreat, instead it is entering a new chapter that is being driven by flows of information and data, as well as technological changes that are reshaping industry value chains.

CEPR Policy Portal

International Forum on Food Safety and Trade

In a keynote speech to the International Forum on Food Safety and Trade on 23 April, WTO Director-General Roberto Azevêdo spoke about the role of digital technologies and the Trade Facilitation Agreement in managing food safety risks and promoting food safety.

Speech

AANZFTA is a surprise hit with Australian business

The Lowy Interpreter’s Greg Earl looks at the success of the ASEAN-Australia-New Zealand FTA ahead of a meeting of participants on its tenth birthday in Melbourne next week.

Lowy

WEF: 5 charts on the vulnerabilities in the global economy

Published in collaboration with IMF Direct, this World Economic Forum article explains the core vulnerabilities identified in the IMF’s Global Financial Stability Report released this month.

WEF

OECD report on China’s economy

The OECD’s latest Economic Survey of China projects that despite the slowdown of the Chinese economy, growth will remain above 6 per cent in 2019 and 2020. It suggests that policy should focus on long-term strategies to move the economy towards greater domestic consumption and services, enhancing economic efficiency and ensuring that future growth is sustainable, greener and more inclusive.

OECD

Did You Know?

The WTO has 164 members accounting for 98 per cent of world trade.

Upcoming Events

Growing Wine Exports

Stanthorpe, QLD, 1 May 2019
Trade & Investment Queensland is inviting wine businesses to register for Wine Australia’s one day export-ready sessions for new and experienced exporters looking to grow their sales to overseas markets.

Register

WA China Business Forum

Perth, WA, 14 May 2019
Perth USAsia’s inaugural China Business Forum will foster dialogue to help WA businesses understand the transforming WA-China economic relationship. Featuring China experts, business leaders and key policymakers, it offers insights on how SMEs can develop trade and investment partnerships in China.

Register


Last Updated: 26 April 2019