Nine more WTO members formally accept the WTO Agreement on Fisheries Subsidies
Eight members of the World Trade Organization (WTO) deposited their instruments of acceptance of the Agreement on Fisheries Subsidies on February 26 at the opening of the 13th Ministerial Conference (MC13), putting the historic agreement for ocean sustainability on track for entry into force at record pace.
G20 merchandise trade was stable in the fourth quarter of 2023
According to the Organisation for Economic Co-operation and Development (OECD) G20 merchandise trade growth flattened in value terms in Q4 2023, after several quarters of decline.
Selected Government Memorandums, Notices and Decisions
Here is a selection of relevant memorandums, notices, and decisions published this week. If you have any questions, be sure to contact your Axxess specialist.
Tribunal initiates expiry review of duties on carbon steel welded pipe from China
The Canadian International Trade Tribunal initiated an expiry review of its order made in March 2019 to determine if the expiry of the order is likely to lead to continued or resumed dumping or subsidizing of carbon steel welded pipe from China and is likely to result in injury to the domestic industry.
CBSA finds dumping would resume if duties expired on certain steel oil and gas well casing from China
On September 18, 2023, the Canadian International Trade Tribunal (CITT) initiated an expiry review of its order made in November 2018 concerning the dumping and subsidizing of certain seamless casing originating in or exported from China.
Canada will require melt and pour information for steel imports
Global Affairs Canada announced that Canada will make its steel supply chain more transparent by collecting and publishing more information on steel imports, notably on “country of melt and pour” information.
CBSA will fully implement the CARM system on May 13, 2024
The Canada Border Services Agency (CBSA) issued the following self explanatory notice on it’s CARM web page – do not hesitate to contact us if you need assistance or additional information:
Selected Government Memorandums, Notices and Decisions
Here is a selection of relevant memorandums, notices, and decisions published this week. If you have any questions, be sure to contact your Axxess specialist.
Four more WTO members formally accept the WTO Agreement on Fisheries Subsidies
Four more members of the World Trade Organization (WTO) – Barbados, Dominica, Senegal, and Uruguay – deposited their instruments of acceptance of the Agreement on Fisheries Subsidies on 14 February 2024. High-level officials of Barbados, Dominica, Senegal and Uruguay presented the instruments of acceptance to Director-General Ngozi Okonjo-Iweala.
OECD forecasts global economic growth will continue, but at a modest pace
The Organisation for Economic Co-operation and Development’s (OECD) latest Interim Economic Outlook indicates that global growth is holding up, while the pace of growth remains uneven across countries and regions, and inflation is still above targets.
