DDG Agah Launches
Preparatory Process for WTO’s End-of-Year Trade Monitoring Reports
WTO trade monitoring reports are a large-scale transparency exercise
that provide WTO members with regular updates on the latest trends in the implementation
of a broad range of policy measures that facilitate, as well as restrict, the flow
of trade.
Since
the 2008 financial crisis, the WTO Secretariat produces each year two series of
reports: WTO-wide reports on trade-related developments covering the whole WTO membership
and observers; and joint reports with the Organisation
for Economic Co-operation and Development (OECD) and the UN Conference on Trade
and Development (UNCTAD) on trade and investment measures taken by G-20 economies.
Further details here.
In the
communication sent on 3 September to WTO members and observers, Deputy Director-General
Yonov Frederick Agah provided
details with respect to the wide range of measures that will be covered by the reports
as well as deadlines for the submission of information by delegations and the verification
process by the WTO Secretariat.
In addition
to the regular monitoring of trade and trade-related measures, the communication
also made specific reference to the COVID-19 pandemic and invited members and observers
to provide information on trade-related measures taken in response to the crisis.
This follows on from the approach taken in the mid-year trade monitoring reports
which included comprehensive coverage of the initial trade response to the global
pandemic.
As part
of the overall and continuous monitoring of trade and trade-related measures taken
in this context, DDG Agah's communication also provided the link to the
WTO's COVID-19 webpage where
detailed lists of trade measures implemented in the areas of goods, services and
intellectual property (IP) can be found alongside various studies and reports by
the WTO Secretariat.