Deputy Directors-General - Thomson 158 Reuters https://thomson158reuters.servehalflife.com Latest News Updates Wed, 02 Oct 2024 17:00:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 DDG Ellard emphasizes vital role of parliaments, provides update on WTO priorities https://thomson158reuters.servehalflife.com/ddg-ellard-emphasizes-vital-role-of-parliaments-provides-update-on-wto-priorities/ https://thomson158reuters.servehalflife.com/ddg-ellard-emphasizes-vital-role-of-parliaments-provides-update-on-wto-priorities/#respond Wed, 02 Oct 2024 17:00:00 +0000 https://thomson158reuters.servehalflife.com/ddg-ellard-emphasizes-vital-role-of-parliaments-provides-update-on-wto-priorities/ DDG Ellard acknowledged the crucial role that parliaments play as the key link between international institutions and the public. She emphasized that parliamentary engagement on WTO issues is essential for ensuring that the Organization’s work is effective, tangible and meaningful. Turning to current priorities, DDG Ellard first stressed the importance of bringing into force the […]

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DDG Ellard acknowledged the crucial role that parliaments play as the key link between international institutions and the public. She emphasized that parliamentary engagement on WTO issues is essential for ensuring that the Organization’s work is effective, tangible and meaningful.

Turning to current priorities, DDG Ellard first stressed the importance of bringing into force the Agreement on Fisheries Subsidies, adopted in June 2022, to end the worst form of fisheries subsidies. To do this, 111 WTO members — two-thirds of the WTO membership — must accept the Agreement. At this point, 83 members have already done so, leaving 28 remaining for entry into force. She expressed gratitude to members that have accepted the Agreement, commending parliamentarians for their unwavering support and efforts toward swift ratification. She urged those who have not yet done so to take action promptly.

DDG Ellard also highlighted significant progress made at MC13 on the second part of the Agreement on Fisheries Subsidies, aiming to address overcapacity and overfishing. While a final agreement is still pending, she noted that the negotiations have come closer to consensus than ever before, following more than 20 years of discussions. Since MC13, members have engaged intensively in efforts to conclude a comprehensive agreement on fisheries subsidies based on the revised text in document TN/RL/W/279, aiming to establish strong disciplines on major subsidizers and distant water fishing, while providing appropriate and effective flexibility for developing members.

DDG Ellard described the extensive work in the lead up to the WTO’s July 2024 General Council meeting. “We are very close,” she emphasized, urging political leaders to engage actively in finalizing the Agreement by the end of the year.

On the topic of dispute settlement reform, DDG Ellard commended Ambassador Usha Dwarka-Canabady of Mauritius and the six co-facilitator experts for their efforts in advancing the ongoing negotiations among WTO members towards achieving a fully and well-functioning dispute settlement system by 2024, as mandated by ministers at MC12 and MC13. The areas of particular focus are appeal/review and accessibility to developing members. 

She emphasized that although the Appellate Body is not functioning, the system has not ground to a halt, with members continuing to bring disputes to the WTO. In 2024, members initiated seven new disputes, and there are seven panel proceedings under way, demonstrating ongoing confidence in the system. 

She further emphasized the ongoing work to build the necessary multilateral consensus to incorporate the outcomes of the plurilateral initiatives of WTO members into the WTO rulebook, such as the Investment Facilitation for Development (IFD) Agreement and the outcomes of the Joint Statement Initiative on E-commerce. She pointed to the IFD Agreement as the first global accord on investment facilitation, with the support of two-thirds of WTO members, including developing members. 

She also noted that the stabilized text on e-commerce (INF/ECOM/87) has garnered broad support, although some participants are still conducting internal consultations. The co-convenors of the e-commerce initiative are continuing to engage to determine next steps.

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DDG Ellard spotlights role of the WTO, current priorities https://thomson158reuters.servehalflife.com/ddg-ellard-spotlights-role-of-the-wto-current-priorities/ https://thomson158reuters.servehalflife.com/ddg-ellard-spotlights-role-of-the-wto-current-priorities/#respond Tue, 01 Oct 2024 17:00:00 +0000 https://thomson158reuters.servehalflife.com/ddg-ellard-spotlights-role-of-the-wto-current-priorities/ DDG Ellard began by discussing the WTO’s main functions: negotiations, trade monitoring, and dispute settlement. She also highlighted the importance of the technical assistance provided to developing members and least-developed country (LDC) members. Despite the rise of regional trade agreements, she noted that approximately 75% of global trade still operates under WTO rules. She emphasized […]

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DDG Ellard began by discussing the WTO’s main functions: negotiations, trade monitoring, and dispute settlement. She also highlighted the importance of the technical assistance provided to developing members and least-developed country (LDC) members. Despite the rise of regional trade agreements, she noted that approximately 75% of global trade still operates under WTO rules. She emphasized the consensus-based nature of decision-making at the WTO, which ensures that all members, regardless of size or wealth, have an equal voice.

DDG Ellard then outlined the Organization’s current negotiating priorities. First, she stressed the importance of bringing into force the Agreement on Fisheries Subsidies, adopted in June 2022, to end the worst form of fisheries subsidies. To do this, 111 WTO members — two-thirds of the WTO membership — must accept the Agreement; currently, 83 have done so, leaving 28 remaining for entry into force. She also highlighted the ongoing negotiations on the second part of the Agreement, which aims to address overcapacity and overfishing. “Maintaining momentum, especially at senior levels, is crucial for achieving the political will needed to conclude these negotiations,” she stated. She further underscored the need to find a way to incorporate plurilateral efforts of WTO members, namely the Investment Facilitation for Development Agreement and outcomes of the Joint Statement Initiative on E-commerce, into the WTO rulebook.

DDG Ellard also discussed the vital role of committees in monitoring the implementation of WTO agreements. “Transparency and notifications are essential to our work — they are the glue that binds compliance and accountability,” she explained. She emphasized the importance of the Sanitary and Phytosanitary (SPS) and Technical Barriers to Trade (TBT) committees in addressing specific trade concerns, noting that only a small fraction of these concerns escalates into formal disputes. She also highlighted the ePing platform, which provides easy access to notifications and specific trade concerns raised in the SPS and TBT committees, accessible to both governments and the private sector.

Regarding dispute settlement, DDG Ellard commended the efforts of Ambassador Usha Dwarka-Canabady of Mauritius and the six co-facilitators on dispute settlement reform in assisting in the ongoing negotiations among WTO members to deliver a fully and well-functioning system by 2024, as mandated by ministers at the 12th and 13th Ministerial Conferences. DDG Ellard noted that although the Appellate Body is currently non-operational, the dispute settlement system still functions, as members continue to bring disputes to the WTO, with seven new cases initiated this year and seven panel proceedings ongoing.

In discussing broader WTO reform, DDG Ellard acknowledged that while all members agree on the need for reform, their priorities differ. She outlined three main areas of focus: (i) reforming substantive rules through negotiations; (ii) improving the deliberative function related to how business is conducted within committees, councils, and other bodies; and (iii) enhancing the Secretariat’s support for WTO members.

In conclusion, DDG Ellard emphasized the WTO’s vital role as a forum for members to engage across geopolitical fault lines and navigate complex trade issues collaboratively to avoid fragmentation. Pointing to the millions who have been lifted out of poverty since the WTO was created, she highlighted that this approach not only strengthens the multilateral trading system but also contributes to greater global stability and sharing the benefits of trade.

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