The global economy is set to slow down this year before bouncing back in 2024, a senior official with the International Monetary Fund (IMF) has said, citing China’s sudden re-opening following the end of its “zero-COVID” policy, and a mild winter, in Europe as factors. More precisely, “Growth will remain weak by historical standards, as the fight
In the course of his speech, Executive Vice-President Dombrovskis ensured that much importance is attached to the Transatlantic relationship in Europe, and underlined that both sides want the next Trade and Technology Council to deliver on common pledges to build a “Transatlantic Initiative on Sustainable Trade". Besides, the parties agree to step up TTC work on removing
Please find here the UN Regulation No 49 – Uniform provisions concerning the measures to be taken against the emission of gaseous and particulate pollutants from compression-ignition engines and positive ignition engines for use in vehicles [2023/64].
The world faces a set of risks that feel both wholly new and eerily familiar. The Global Risks Report 2023 explores some of the most severe risks we may face over the next decade. As we stand on the edge of a low-growth and low-cooperation era, tougher trade-offs risk eroding climate action, human development and future resilience.
At the moment, chains that are transparent, resilient and actually manageable due to extensive digitalization, with chain partners who create concrete added value separately and jointly, is still a distant prospect. But companies are taking resolute action to get there. The need for a supply chain transition is widely supported, write evofenedex directors Machiel van
On November 10, the WTO and other international organizations organised a side event at the COP27 climate summit in Sharm El-Sheikh, Egypt, titled "Accelerating the Low-Carbon Transition Through Sustainable and Inclusive Trade". The aim was to explore how the transition to low-carbon economies can be a tool for development and support national efforts to achieve their nationally
In a context of economic uncertainty exacerbated by the COVID-19 pandemic, the war in Ukraine and the food security crisis, G20 economies between mid-May and mid-October 2022 introduced export restrictions at an increased pace, particularly on food and fertilizer, according to the 28th WTO Trade Monitoring Report on G20 trade measures issued on 14 November.
Greenhouse gas emissions from the shipping sector are significant, increasing, and on a trajectory that is not compatible with the goals of the Paris Agreement. Moreover, the shipping sector is not covered by the Paris Climate Accord, the main topic of conversation at COP27. To help place the sector on a pathway to align with the
The United Nations Climate Change Conference COP27, taking place from November 6 until November 8, aims at ensuring full implementation of the Paris Agreement. Since COP26 in Glasgow, only 29 out of 194 countries came forward with tightened national plans. The Conference is taking place against the backdrop of multiple crises in energy, food, water and
The annual Asian Logistics, Maritime and Aviation Conference (ALMAC), which is jointly organised by the Government of the Hong Kong Special Administrative Region and the Hong Kong Trade Development Council (HKTDC), will take place on Nov 22-23 this year. This year’s ALMAC will continue to run on a hybrid mode under the theme of “The