WTO talks in UAE end with no major win, throwing trade body into ‘crisis’

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UAE Minister of Foreign Trade Thani bin Ahmed Al Zeyoudi speaks during the opening ceremony of the WTO ministerial meeting in Abu Dhabi on February 26, 2024. (REUTERS)
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Delegates attend the 13th WTO ministerial conference in Abu Dhabi on February 26, 2024. (REUTERS)
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Updated 02 March 2024
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WTO talks in UAE end with no major win, throwing trade body into ‘crisis’

  • The outcome highlights the sharp divisions among the body´s 164 members amid geopolitical tensions and economic headwinds that are threatening global commerce

ABU DHABI: A high-level WTO conference ended Saturday with a temporary extension of an e-commerce moratorium but no deals on agriculture and fisheries, throwing into doubt the effectiveness of the multilateral trade body.

The outcomes of the World Trade Organization’s 13th ministerial conference in Abu Dhabi highlighted the sharp divisions between the body´s 164 members amid geopolitical tensions and economic headwinds that are threatening global commerce.
“The WTO needed a good crisis and perhaps this will lead to a realization that we cannot continue like this,” said a senior European Union official participating in the talks.
Speaking at the closing press conference, the Emirati chair of the so-called MC13 gathering, Thani Al Zeyoudi, acknowledged the shortcomings.
“Despite our best efforts, we failed to agree on some texts which are of great importance to many of our members,” said Al Zeyoudi, who also serves as the UAE’s foreign trade minister.
For her part, WTO Director-General Ngozi Okonjo-Iweala said the talks came up “against an international backdrop marked by greater uncertainty than at any time I can remember.”
“We have achieved some important things and we have not managed to complete others,” she said, while insisting that the “glass was half full.”




Ngozi Okonjo-Iweala, WTO director-general, speaks during the opening ceremony of the WTO ministerial meeting in Abu Dhabi on Feb. 26, 2024. (REUTERS)

The WTO, the only international body dealing with the rules of trade between nations, requires full consensus from all members to chalk up deals.
It was hoping the MC13 would replicate the landmark success of its 2022 ministerial in Geneva, which yielded a deal on fisheries and saw members agree to restore a now-defunct dispute settlement system by the end of this year.
But the latest ministerial fell short of that objective.
“The unexpected weakness of the overall (MC13) package should... serve as a wake-up call,” the secretary general of the International Chamber of Commerce, John Denton, said in a statement.

After a 2022 deal that banned subsidies contributing to illegal, undeclared and unregulated fishing, the WTO was hoping to conclude a second package focusing on subsidies that result in overcapacity and overfishing.
Negotiations in recent months at the WTO headquarters in Geneva had enabled a draft text to be brought forward for a second fisheries deal, which provided flexibility and advantages for developing countries.
But some — notably India — demanded further concessions, including transition periods that others consider to be too long.
At MC13, a revised draft fisheries agreement faced strong objections from New Delhi.
“There was basically just one country that was blocking the deal,” said EU trade commissioner Valdis Dombrovskis, without specifying which member.
Richard Ouellet of Canada’s University of Laval said “consensus, which was once the cement of this organization, has now become the mud in which it is bogged down.”

With farmer protests sweeping Europe and India, agriculture agreements also emerged as a particularly sensitive topic of debate.
Member states were trying to negotiate a text listing the subjects that merit further discussion.
An agriculture package, however, was hampered by a firm demand by India for permanent rules governing public stockholding of food reserves to replace temporary measures adopted by the WTO.
India’s insistence on a permanent solution for public stockholding was “impossible to bridge,” Dombrovskis said.
Despite failing on agriculture and fisheries, the WTO managed to temporarily salvage a moratorium on customs duties for digital transmissions that was extended for another two years.
It faced a particularly strong challenge at MC13, with countries led by India and South Africa arguing that it harms customs revenues.
India’s Commerce Minister Piyush Goyal said Friday that he allowed the extension to pass “out of respect” to the conference’s Emirati chair, whom he called a “good friend.”




India's Minister of Commerce Piyush Goyal prepares to brief journalists at a WTO meeting in Abu Dhabi on February 29, 2024. (REUTERS)

However, the moratorium, which has been regularly extended since 1998, is set to definitively expire on March 31, 2016, with no chance of an extension, Iweala said.
“I think that the membership has agreed... on very firm dates for its conclusion,” she said.
“I have to abide by what the membership has just decided.”
On dispute settlement reform, the final outcome mainly reiterated the commitment made at MC12 to have a fully and well-functioning dispute settlement system in place by 2024.
Washington, under former President Donald Trump, brought the system to a grinding halt in 2019 by blocking the appointment of new judges to the WTO’s appeals court, the organization’s highest dispute settlement authority.
“We wished for more progress on the question of appeal... but we were not able to move forward as fast as we wanted,” Dombrovskis said.
 


Afghan asylum-seeker in UK still wearing ankle tag months after it was deemed unlawful

Updated 4 min 50 sec ago
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Afghan asylum-seeker in UK still wearing ankle tag months after it was deemed unlawful

  • Man identified as MM had GPS anklet affixed as part of Home Office pilot scheme
  • MM: ‘People in my community do not understand why I have been tagged. They think I am a dangerous criminal’

LONDON: An Afghan asylum-seeker in the UK has been left wearing an ankle tag months after the pilot scheme he was part of was ended for being unlawful.

The man, identified as MM, revealed he has been made to wear the tag monitoring his location for 20 months and has been given no explanation why, which has left him in a state of “constant stress.”

The GPS tag, part of a Home Office pilot scheme to monitor the locations of 600 migrants, was put on in 2022 after MM spent 60 days in a detention center, having arrived in the UK via a small boat across the English Channel.

The Home Office insisted the tags of all the scheme’s participants were removed when it ended in December after the UK Information Commissioner John Edwards declared it breached data protection law and was “highly intrusive.”

MM, though, was left with his still attached and was provided no explanation from the Home Office as to why.

“Being fitted with this tag has been a constant stress for more than a year and a half. I struggled with sleep because I had to keep the tag charged at all times, including at night, but it would often beep and wake me up,” he said.

“I have had security guards following me like I’m a thief when I go shopping. People in my community do not understand why I have been tagged. They think I am a dangerous criminal. There is physical pain too — it caused a wound that keeps opening up and bleeding.

“It has really affected all parts of my life.”

He continued: “If the law is applied equally, I do not understand why I was fitted with a tag but others were not. Nobody else in the hotel I stayed in had a tag.

“I don’t understand why this injustice has happened. I do not understand why the Home Office needed to monitor everywhere I went and everything I was doing. This was not explained to me at all.”

Niamh Grahame, a solicitor at the Public Law Project, which represented MM, said: “Our client has been subject to a harmful and unnecessary experiment. There is mounting evidence of the harm caused by GPS tagging and incredibly limited evidence of asylum-seekers absconding in significant numbers.

“GPS tagging is an inhumane and disproportionately invasive bail condition. Instead of expanding its use, the Home Office should stop this practice altogether.”

A Home Office spokesperson said: “All individuals who were subject to electronic monitoring as part of the Expansion Pilot, and remained in contact with us, had their tags removed before the pilot ended on Dec. 14, 2023.”


ACWA Power’s Shuaa Energy 3 granted commercial operation certificate for 300MW solar project

Updated 5 min 21 sec ago
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ACWA Power’s Shuaa Energy 3 granted commercial operation certificate for 300MW solar project

RIYADH: The third stage of a Dubai-based 900-megawatt solar project being developed by Shuaa Energy 3 is ready to begin commercial operations, it has been announced.

Saudi energy firm Acwa Power – which owns a 24 percent stake in the company behind the facility – revealed in a Tadawul filing that the Project Commercial Operation Certificate of Phase C of the project has been granted. 

PCOC is a document confirming that the facility at Mohammed bin Rashid Al Maktoum solar park is fully completed and ready for commercial operation. 

Phase C, encompassing an additional 300MW, contributed to the complete plant achieving commercial operation with a total capacity of 900MW. 

The plant utilizes bifacial photovoltaic technologies, which harness reflected solar rays on both the front and back sides, in conjunction with a single-axis tracking system, to enhance energy production.

Shuaa Energy 3 is the special purpose vehicle established to develop the fifth phase of the solar park, and is also owned by the Dubai Electricity and Water Authority and Gulf Investment Corporation.

Together with Acwa Power, they have entered into a 25-year power purchase agreement to generate clean energy, aligning with Dubai Clean Energy Strategy 2050.


Saudi Arabia condemns assassination attempt of Slovakia’s prime minister

Updated 12 min 23 sec ago
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Saudi Arabia condemns assassination attempt of Slovakia’s prime minister

  • The ministry wished speedy recovery of the prime minister

RIYADH: Saudi Arabia on Thursday condemned the attempted assassination of Solvakia’s Prime Minister Robert Fico, the foreign ministry said.

“The Kingdom rejects all forms of violence, reaffirming its full solidarity with Slovakia against everything that threatens its security and stability,” the statement read.

The ministry wished a speedy recovery of the prime minister, who remains, according to his deputy, in a “very serious condition” after being shot.

Fico was admitted to the hospital on Wednesday where he underwent a five-hour emergency operation after being shot five times in Handlova.

The shooting was the first major assassination attempt on a European political leader for more than 20 years, and spurred international condemnation, with political analysts and lawmakers saying it was indicative of an increasingly febrile and polarised political climate across the continent.


Egypt rejects Israeli plans for Rafah crossing, sources say

Updated 30 min 48 sec ago
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Egypt rejects Israeli plans for Rafah crossing, sources say

  • An Israeli official said a delegation traveled to Egypt amid rising tension between the two countries

CAIRO: Egypt has rejected an Israeli proposal for the two countries to coordinate to re-open the Rafah crossing between Egypt’s Sinai Peninsula and the Gaza Strip, and to manage its future operation, two Egyptian security sources said.
Officials from Israeli security service Shin Bet presented the plan on a visit to Cairo on Wednesday, amid rising tension between the two countries following Israel’s military advance last week into Rafah, where hundreds of thousands of Palestinians displaced by war have been sheltering.
The Rafah crossing has been a main conduit for humanitarian aid entering Gaza, and an exit point for medical evacuees from the territory, where a humanitarian crisis has deepened and some people are at risk of famine. Israel took operational control of the crossing and has said it will not compromise on preventing Hamas having any future role there.
The Israeli proposal included a mechanism for how to manage the crossing after an Israeli withdrawal, the security sources said. Egypt insists the crossing should be managed only by Palestinian authorities, they added.
An Israeli official who requested anonymity said the delegation traveled to Egypt “mainly to discuss matters around Rafah, given recent developments,” but declined to elaborate.
Egypt’s foreign press office did not immediately respond to a request for comment.
Egypt and Israel have a long-standing peace treaty and security cooperation, but the relationship has come under strain during the Gaza war, especially since the Israeli advance around Rafah.
The two countries traded blame this week for the border crossing closure and resulting blockage of humanitarian relief.
Egypt says Rafah’s closure is due solely to the Israeli military operation. It has warned repeatedly that Israel’s offensive aims to empty out Gaza by pushing Palestinians into Egypt.
Israeli government spokesperson David Mencer said on Wednesday that Egypt had rejected an Israeli request to open Rafah to Gazan civilians who wish to flee.
The Israeli delegation also discussed stalled negotiations for a ceasefire and hostage release in Gaza during their Cairo visit, but did not convey any new messages, the Egyptian sources said. Egypt has been a mediator in the talks, along with Qatar and the United States.
Israel’s Gaza offensive has killed more than 35,000 Palestinians, according to Gaza health officials, with at least 82 killed on Tuesday in the highest single-day toll for weeks.
Hamas-led gunmen killed some 1,200 people and abducted 253 in their Oct. 7 raid into Israel, according to Israeli tallies.


Egypt’s exports to Arab counties up 8.7% in 2023, Saudi Arabia tops list

Updated 48 min 59 sec ago
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Egypt’s exports to Arab counties up 8.7% in 2023, Saudi Arabia tops list

RIYADH: The value of Egyptian exports to Arab countries surged 8.7 percent year on year to reach $13.6 billion in 2023, according to new data. 

A statement from Egypt’s Central Agency for Public Mobilization and Statistics revealed that Saudi Arabia topped the list of the highest Arab countries importing from nation during the year, with the value of the African country’s exports amounting to $2.7 billion in 2023. 

This falls in line with the significant growth in trade relations, partnerships, joint projects, and development investment between the two countries in recent years.

The statement revealed that the Kingdom was followed by the UAE, with Egyptian exports reaching $2.2 billion, followed by Libya with about $1.8 billion, Sudan with an estimated $984.4 million, and Algeria at $850.3 million.

Regarding the top commodity groups exported to Arab countries during 2023, the agency indicated that vegetables and fruits were exported with a value of $1.3 billion, followed by machinery and electrical appliances with a worth of $1.1 billion. 

Furthermore, Egypt’s exports of pearls, precious stones and jewelry to the Arab countries came next, amounting to $1 billion, while exports of fuel, mineral oils and distillation products stood at $753 million. 

Meanwhile, the country’s exports of plastics and manufactures totaled $712 million.