Caribbean Trade & Development Digest – November 4-12, 2018

Welcome to the Caribbean Trade & Development Digest for the week of November 4-12, 2018! We are happy to bring you the major trade and development headlines and analysis from across the Caribbean Region and the world from the past week.

REGIONAL

CARICOM finalising trade arrangements post- Brexit

RJR News: Minister of  Foreign Affairs and Foreign Trade, Senator Kamina Johnson Smith, says the technical work for the rollover of  the Economic Partnership Agreement (EPA) into a new CARIFORUM-United Kingdom trade arrangement post-Brexit is close to being finalised. Read more

CARICOM trade ministers meet next week; officials begin preparatory work

Caribbean News Now: Caribbean Community (CARICOM) trade officials on Wednesday began preparations for the 47th meeting of the Council for Trade and Economic Development (COTED), which will be held in Georgetown, Guyana, November 15-16. The two-day preparatory meeting is being held at the CARICOM Secretariat. Read more

INTERNATIONAL

Trump’s trade war could dent China’s domestic consumption, dragging down the rest of Asia

CNBC: Asian countries’ exports are potentially vulnerable to the U.S.-China trade war on two fronts: changes to global supply chains and slowing Chinese domestic demand. Read more

Don’t expect quick end to U.S.-China trade war, top White House official warns

Washington Post: Trump trade adviser Peter Navarro said Friday that “trust issues” with China are responsible for the lack of progress in trade negotiations, tamping down hope for progress in resolving the trade war when President Trump and Chinese President Xi Jinping meet later this month at the G-20 summit in Argentina. Read more

Trump’s trade war may have helped the Democrats win the House

Washington Post: Minnesota’s 8th Congressional District, which runs along the U.S.-Canada border, has one of the highest concentrations of iron miners in the country. Republicans took it from Democrats in Tuesday’s midterm election amid a surge in the industry propelled in part by President Trump’s tariffs on China. Read more

Commission reports on latest negotiating rounds with Indonesia and New Zealand

EU: The Commission today published two reports summarising the progress made during the latest negotiating rounds for the EU-Indonesia and EU-New Zealand trade agreements. Read more

Aid for Trade monitoring exercise to review economic diversification and empowerment

WTO: The Aid for Trade monitoring and evaluation exercise was launched at a meeting of the WTO Committee on Trade and Development on 6 November 2018. WTO members and Aid for Trade partners may submit self-assessment questionnaires up to 31 December 2018 to assist preparations for the 2019 Aid for Trade Global Review. Read more

DG Azevêdo and Premier Li Keqiang discuss how to safeguard the WTO

WTO: Director-General Roberto Azevêdo visited Beijing, China, on 6 November to participate in the “1+6” roundtable meeting hosted by Chinese Premier Li Keqiang, together with five other heads of major international economic organizations and financial institutions (the IMF, World Bank, ILO, OECD and the Financial Stability Board). Read more

WTO issues panel report on Indian safeguard duties on steel products

WTO: On 6 November the WTO circulated the panel report in the case brought by Japan in “India — Certain Measures on Imports of Iron and Steel Products” (DS518). Read more 

Registration opens for screening of “US — Softwood Lumber Pricing Methodology” second hearing

WTO: At the request of the parties in the dispute “US — Anti-Dumping Measures Applying Differential Pricing Methodology to Softwood Lumber from Canada” (DS534), the panel has decided to open its second substantive meeting to public observation on 4 December 2018 (and on 5 December, if necessary). The live screening will take place at the WTO’s headquarters in Geneva. Read more

IP seminar addresses how technological changes have transformed trade and knowledge flows

WTO: Government officials from 29 developing and least developed countries and 13 Geneva-based delegates from around the world took part in the Seminar on Intellectual Property and Knowledge Flows in a Digital Era, which took place at the WTO on 5-6 November 2018. Read more 

The Caribbean Trade & Development Digest is a weekly trade news digest published by the Caribbean Trade Law & Development Blog. Liked this issue? To read past issues, please visit here. To receive these mailings directly to your inbox, please follow our blog.

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