The EU on July 26 requested dispute settlement consultations at the World Trade Organization on Taiwan's use of local content criteria for offshore wind energy projects, the European Commission announced.
Comoros and Timor-Leste submitted their acceptances of "WTO Protocols of Accession" and the fisheries subsidies agreement on July 22 to open the General Council meeting, the World Trade Organization announced. The moves set up the two nations to become the 165th and 166th members of the WTO in late August, the trade body said.
Madagascar told the World Trade Organization July 18 that it opened on that date a safeguard investigation on certain types of edible vegetable oils, the WTO announced. The island nation said interested parties "must make themselves known" to the country's investigating authority within 30 days of the opening of the investigation.
Iraq resumed its talks on accession to the World Trade Organization on July 18 following a 16-year break in the negotiating process. The WTO said Iraq "reaffirmed its pledge to join" the world body, while noting its "significant economic and legislative reforms."
The World Trade Organization's published agenda for the Dispute Settlement Body's July 26 meeting indicates China will request the establishment of a dispute settlement panel on the U.S. government's tax credits for electric vehicles under the Inflation Reduction Act.
Benin and Sierra Leone formally accepted the World Trade Organization Agreement on Fisheries Subsidies July 19, bringing to 80 the number of countries that have accepted the deal. The WTO requires 30 more formal acceptances to reach the two-thirds of membership threshold needed for the agreement to be able to enter into force.
The World Trade Organization released its latest Trade Monitoring Update July 8, showing that WTO members have introduced more trade-facilitating measures than trade-restricting ones on goods from mid-October to mid-May. The update also shows a "rapid increase in industrial policy subsidies," especially in areas related to climate change and national security, the WTO said.
Kazakhstan formally accepted the World Trade Organization Agreement on Fisheries Subsidies July 1, bringing to 78 the number of countries that have accepted the deal. The WTO requires 32 more to reach the two-thirds threshold needed for the agreement to be able to enter into force.
South Africa requested the establishment of two dispute panels to review EU restrictions on South African citrus fruit at the June 24 Dispute Settlement Body, marking the first time South Africa has used the dispute settlement system, the World Trade Organization announced. The measures are import restrictions to control the spread of the false coding moth and a fungus called the "citrus black spot."
The World Trade Organization's published agenda for the Dispute Settlement Body's June 24 meeting includes U.S. status reports on the implementation of DSB recommendations on: antidumping measures on certain hot-rolled steel products from Japan; antidumping and countervailing measures on large residential washers from South Korea; certain methodologies and their application to antidumping proceedings involving China; and Section 110(5) of the U.S. Copyright Act. Status reports also are expected from Indonesia on measures related to the import of horticultural products, animals and animal products and from the EU on measures affecting the approval and marketing of biotech products.