The chair of the fisheries subsidies negotiations at the World Trade Organization, Iceland's Einar Gunnarsson, is looking to wrap up the second wave of fisheries negotiations by the General Council meeting in December. Gunnarsson said he held meetings with 28 WTO members and group representatives, finding that the "overwhelming majority" of these parties "consider that the draft text" on the fisheries subsidies talks "serves as the basis" for reaching a final deal.

The World Trade Organization's published agenda for the Dispute Settlement Body's Nov. 25 meeting includes a request from the EU to suspend certain concessions to the U.S. due to its antidumping and countervailing duties on ripe olives from Spain.

The EU asked the World Trade Organization to establish a compliance panel regarding Colombia's tariffs on frozen fries from the EU, the Directorate-General for Trade announced Nov. 14. The bloc decided to make the move after consultations between the parties fell through, the Directorate-General said.

Restrictive trade measures from 20 of the world's leading economies "significantly increased" over the past year, the World Trade Organization found in its 31st Trade Monitoring Report. While the Group of 20 countries also imposed 141 trade facilitating measures, the report said that from October 2023 to October 2024, G20 nations imposed 91 new trade-restrictive measures covering around $828.9 billion worth of goods, up from about $246 billion worth of goods in the last report, which covered restrictions imposed from mid-May to mid-October 2023.

The World Trade Organization General Council will hold a special meeting Nov. 28-29 to confirm Director-General Ngozi Okonjo-Iweala to a second term, General Council Chair Petter Olberg announced. The move comes after no other candidates joined the race by the Nov. 8 nomination deadline. Okonjo-Iweala will present her vision for the WTO on Nov. 28 followed by a question-and-answer segment. A vote on the term extension is scheduled for Nov. 29.

The EU and Taiwan settled the EU's dispute at the World Trade Organization on Taiwan's offshore wind auctions, the bloc's Directorate-General for Trade announced Nov. 8. The EU said Taiwan committed to "introducing greater flexibility in the way the winning projects from the latest auction are taken forward."

EU and Chinese officials met in Beijing last week to discuss the possibility of using an agreement on price "undertakings" for electric vehicles instead of countervailing duties on Chinese EVs, the bloc's Directorate-General for Trade announced Nov. 8. The two sides negotiated how to set up a "minimum import price" for the EVs, along with monitoring and enforcement tools.

China formally filed a dispute at the World Trade Organization on Nov. 6 challenging the EU's definitive countervailing duties on new battery electric vehicles from China. The request for consultations continues a dispute China started on the EU's provisional CV duties on Chinese EVs (see 2408140010).

China said it will continue its challenge at the World Trade Organization against the EU's countervailing duties on Chinese electric vehicles. The nation's Ministry of Commerce said on Nov. 4 it believes the EU's duties "lack both factual and legal grounds," violate WTO rules and stand as a "pretext for trade protectionism," according to an unofficial translation.

The Philippines opened a preliminary safeguard investigation on cement Oct. 31, it told the World Trade Organization's Committee on Safeguards on Nov. 4. The Philippines said interested parties should submit comments to the Bureau of Import Services within five days of Nov. 4.