WTO structure and rules

This subtopic provides an overview of the WTO’s structure and rules. It is aimed at lawyers who need a high-level overview of the legal framework. This subtopic contains the following guidance on the WTO structure and rules:

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Practice Note: An introduction to the basic principles of trade introduces basic WTO principles as

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Latest International Trade News

WTO reports G20 trade measures trend towards restrictions in 2023-2024

The World Trade Organization (WTO) has released its 31st report on G20 trade measures, covering the period mid-October 2023 to mid-October 2024. The report highlights a significant increase in both trade-restrictive and trade-facilitating measures implemented by G20 economies. Notably, the trade coverage of restrictive measures rose to US$828.9bn, while facilitating measures reached US$1,069.6bn. The WTO also reported a continued growth in G20 import restrictions, now estimated at US$2,328bn, representing 12.7% of G20 imports. The WTO expressed concern over the trade-restrictive trend and its potential impact on global markets and economic stability.

International Trade weekly highlights—14 November 2024

This week's edition of International Trade weekly highlights includes: the Trade Remedies Authority proposing to maintain countervailing measure on Argentinian biodiesel imports, China initiating dispute complaint over EU's countervailing duties on battery electric vehicles, and a weekly roundup of HMRC import, export and customs guidance.

Weekly roundup of HMRC import, export and customs guidance—11 November 2024

Details of updates to HMRC import, export and customs guidance for the period from 29 October to 11 November 2024

TRA proposes to maintain countervailing measure on Argentinian biodiesel imports

The Trade Remedies Authority (TRA) has provisionally proposed maintaining the countervailing measure on biodiesel imported from Argentina. In a Statement of Essential Facts, the TRA recommends retaining the duty range of 25%–33.4% until February 2029. The measure applies to ‘fatty-acid mono-alkylesters or paraffinic gasoils obtained from synthesis or hydrotreatment of non-fossil origin in pure form or as included in a blend, in pure form or as included in a blend’, but the TRA intends to review this to explicitly exclude sustainable aviation fuel. This follows TRA's investigation, which found that the UK biodiesel industry is growing, however, the UK is one of few available markets for an increasing Argentinian production capacity. It was therefore concluded that removing the measure would likely lead to a recurrence of subsidised imports from Argentina and injury to the UK industry. Affected businesses can submit comments on the proposal until 29 November 2024.

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