Why? Perhaps this bit ⬇️ about “science” often used as an attack on the Europeans’ “precaution-first” approach. Think hormones in beef, ractopamine in meat, etc
4. TRADE FACILITATION—a proposed ministerial decision on “deep and robust implementation” of the WTO agreement, including “further disciplines and flexibilities” to deal with future crises.
From: Costa Rica, Japan, Mexico, Norway, Panama, Uruguay, US
1. The statement will only be issued by some members (about two thirds of the membership are not on board, although China and the US are reported to have joined the EU, Canada, Japan and others but not Brazil, India, SAfrica, etc
• Market access—nothing on tariff cuts, only transparency on applied tariffs (rates actually applied, at or below legally bound rates in the WTO)
• Export restrictions—notifications, exempting World Food Programme purchases from restrictions
First, a transcript of a White House briefing, including:
• The size of the tariff quotas—still to be announced
• The start of talks on a deal focusing on carbon intensity in the metals
• Avoiding Chinese content in EU steel—“melt-and-pour”
Cooperation on trade remedies (duties to countervail subsidies, anti-dumping actions, safeguard tariffs), customs, monitoring, and responses to “non-market excess capacity”.
2. PROPOSED GLOBAL ARRANGEMENT to “restore market-oriented conditions”
• Others can join
• In 2 years
• Bring into international forums
• Limit market access for non-market-oriented/carbon-intense exporters
• Discipline, coordinate own policies
@BobWolfeSPS and I remain sceptical that the Ministerial Conference will deliver much of significance out of the broad range of critical problems confronting the @wto
Russia’s trade policy review—Day 1, Oct 27. Day 2: today.
These are periodic peer-review sessions (every 5 years for Russia), based on reports from the @wto Secretariat (factual) and the government being reviewed.
Comments Day 1: > 40 members + 1 observer (Serbia)
Briefly:
POSITIVE—Russia is constructive in @wto and for the coming Ministerial Conference
NEGATIVE—Import substitution policies, the role of the state in Russian economy
2/15
US: recognises steps taken in @wto, but concerns about turning inward, contrary to the principles—non-discrimination, predictability, transparency, fair competition, under import substitution and forced localization.
Includes investment, IT, SPS, government procurement