Federal Employees on Strike
Dear clients,
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. Government of Canada: Labour disruptions impact at the Canada Border Service Agency
United States formally accepts Agreement on Fisheries Subsidies
The United States deposited its instrument of acceptance for the Agreement on Fisheries Subsidies on 11 April, making it the fourth WTO member, and the first among the large fishing nations, to do so. The formal acceptance by the United States marks a pivotal moment for the approaching entry into force of the landmark agreement […]
World trade in green goods grew by about 4% in the second half of last year
UNCTAD recently reported a strong global performance of trade in “green goods” in 2022.
Canadian railways’ freight volume was up for a ninth consecutive month in January
Statistics Canada reports that the volume of freight carried by Canadian railways reached 31.7 million tonnes in January, up 18.7% from January 2022 levels, marking the ninth consecutive month of year-over-year increases.
WTO expects world trade to grow at a slower pace in 2023
According to the latest forecast from World Trade Organization (WTO) economists, global trade growth in 2023 is still expected to be subpar despite a slight upgrade to GDP projections since last fall.
Global air cargo demand shows signs of improvement in February
According to data for the month of February released by the International Air Transport Association (IATA) global air cargo demand rose above pre-pandemic levels.
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. Government of Canada: Customs Notice 23-08: Single-use Plastics Prohibition Regulations Government of Canada: Consultation: Canadian Peat Export Certification Program (CPECP) Statistics Canada: Canadian international merchandise trade, February 2023 – Released […]
Trade growth to slow to 1.7% in 2023 following 2.7% expansion in 2022
Global trade growth in 2023 is still expected to be subpar despite a slight upgrade to GDP projections since last fall, WTO economists said in a new forecast on 5 April. Weighed down by the effects of the war in Ukraine, stubbornly high inflation, tighter monetary policy and financial market uncertainty, the volume of world […]
WTO members discuss bolstering developing countries’ participation in global trade
WTO members discussed initiatives aimed at advancing integration of developing countries and least-developed countries (LDCs) into the global trading system, including in electronic commerce, at a meeting of the Committee on Trade and Development on 5 April. Members also reviewed two regional trade agreements among developing countries and were updated on the status of factual […]
